Property profile

0 Sexton Pl Bronx, NY 10469

OFF-MARKET
Land
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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

Location

Sexton Pl Bronx, NY 10469
Bronx metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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