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    OFF-MARKET
    Land

    0 Sexton Pl, Bronx, NY 10469

    Property ID
    Property summary
    AI-generated overview

    This exceptional 85-foot-wide vacant lot at 1717 Sexton Place, Bronx, NY 10469, presents a remarkable development opportunity. Situated on a desirable residential block, this triangular-shaped property offers significant potential for a variety of construction projects. Zoning permits the construction of three or four-story buildings, allowing for the development of single-family, two-family, or multi-family dwellings. The generous width allows for the construction of multiple buildings or a single building with an expansive façade. The lot's location near the 5 train provides convenient access to public transportation, making it highly attractive to young professionals and artists. The surrounding area is experiencing significant development, ensuring high demand for new residential units upon completion. This prime location, combined with the flexible zoning and convenient transportation, makes this a truly exceptional investment opportunity for developers seeking to capitalize on the growing demand for housing in the Bronx. The asking price for this unique property is $650,000.

    Property profile
    Verified
    Property type Land
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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