1601 Van Buren St The Bronx, NY 10460
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 1601 Van Buren St
- Property type
- Commercial real estate
Description
This exceptional 3,464 square foot vacant lot, located in the desirable Van Nest/Morris Park section of the Bronx, presents a unique investment opportunity. The property, situated at 1601 Van Buren Street, is zoned R5 with a FAR of 1.2, allowing for the construction of up to 4,330 square feet. Approved plans are included for a four-family dwelling, comprising three two-bedroom apartments and one studio apartment. The irregular lot measures approximately 19.33 feet wide by 100 feet deep. This prime location offers convenient access to the 2/5 train line, a variety of shops and restaurants, and the Bronx River Parkway. The property's potential for significant return on investment makes it an attractive proposition for builders and investors alike. The asking price is $350,000. Don't miss this chance to acquire a ready-to-build lot in a thriving Bronx neighborhood. The property is in Bronx County, New York, zip code 10460.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- The Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.8693257
- Latitude
- 40.8401732
