754 211Th St The Bronx, NY 10467
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 754 211Th St
- Property type
- Commercial real estate
Description
This exceptional development opportunity in the burgeoning Williamsbridge section of the Bronx presents a 4,513 square-foot lot zoned R6A, offering a maximum buildable square footage of 13,539 square feet. The property, located at 754 E 211th St, boasts a 50' x 90.25' lot size and includes a vacant 1,495 square-foot single-family home. Its strategic location provides convenient access to the 2 and 5 subway lines (within 0.2 miles), enhancing its appeal to potential residents. The property benefits from the 485X tax abatement, significantly reducing annual property taxes to $5,369. This prime location, coupled with the favorable zoning and tax incentives, makes this an attractive investment in a rapidly growing residential market. The current market conditions in the Eastern Bronx, characterized by ongoing development and increased housing demand, further solidify this property's potential for substantial returns. This is a rare chance to capitalize on the revitalization of Williamsbridge and contribute to its continued growth. The property is offered at $1,450,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- The Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.863333229009
- Latitude
- 40.877492681109
