2225 Lodovick Ave The Bronx, NY 10469
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50-Bed Bronx Investment Opportunity
Property size:
13,540 SFProperty Features for 2225 Lodovick Ave
General Information
- Property type
- Retirement homes
- Square Feet
- 13,540 SF
- Class
- C
Building Details
- Year Built
- 1927
- Buildings
- 1
- Stories
- 3
- Units
- 1
Listing Agent: Paul Moulins
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This unique 13,540 square foot, three-story building at 2225 Lodovick Ave in The Bronx, NY (zip code 10469) presents a compelling investment opportunity. Currently configured as a 50-bed assisted living facility, this Class C property, built in 1927, sits on a single lot and offers significant potential for redevelopment or renovation. The property is zoned R3X, allowing for a variety of uses. Located in the desirable Pelham Gardens neighborhood, it benefits from convenient access to the MTA 5 train, major highways, shopping centers, and other public transportation. The asking price is $5,200,000, translating to $384.05 per square foot. While the property has a long history of serving the community, significant upgrades are recommended to meet the needs of modern assisted living clients. This presents a rare chance to acquire a substantial property in a prime location with the potential for significant returns after renovations. The property's serene suburban setting offers a tranquil environment while maintaining easy access to the vibrancy of city life. This is a unique opportunity to acquire a well-positioned asset with substantial upside potential. Further details are available upon request.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Community Action For Human ...
Charitable Organization
CAHSInc.
Home Decor Store
Lodovick Avenue, Intermediate ...
Charitable Organization
Location Insight
- Map
- Local Demand
- City
- The Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.8374495
- Latitude
- 40.8581919
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FAQs
What type of property is this?
Retirement home - 50-Bed Bronx Investment Opportunity
Where is this retirement home located?
The property is located at 2225 Lodovick Ave The Bronx, NY.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: 13,540 SF, three-story building in Pelham Gardens, Bronx, NY (10469).; Currently operating as a 50-bed assisted living facility, requiring renovations.; Class C property built in 1927, situated on a single lot, zoned R3X, offering redevelopment potential.
