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    Sexton Pl Bronx, NY 10469

    Sponsored
    For Sale
    $650,000

    Prime Bronx residential lot, build your dream.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    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 Features for 0 Sexton Pl

    General Information

    Property type
    Land

    HighLights

    • 85‑foot‑wide vacant lot at 1717 Sexton Place, Bronx, NY 10469.
    • Triangular‑shaped lot with potential for three or four‑story construction.
    • Zoning allows single‑family, two‑family, or multi‑family dwellings.
    • Near the 5 train, offering convenient public transportation access.
    • Located in a rapidly developing area with high demand for new residential units.
    • Asking price: $650,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.8464061
    Latitude
    40.8705424

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    FAQs

    What type of property is this?
    Land - Prime Bronx residential lot, build your dream.
    Where is this land located?
    The property is located at Sexton Pl Bronx, NY.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: 85-foot-wide vacant lot at 1717 Sexton Place, Bronx, NY 10469.; Triangular-shaped lot with potential for three or four-story construction.; Zoning allows single-family, two-family, or multi-family dwellings.
    Request Owner's contact information
    Sexton Pl Bronx, NY 10469
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    Bronx, NY 10469
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Sexton Pl Bronx, NY 10469
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