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- LoopNet Team
882 Morris Ave
Bronx, NY 10451
Land For Sale · 0.08 AC
Investment Highlights
- Located in downtown Bronx
- Low property taxes
- High zoning
PROPERTY FACTS
Property Type | Land | Proposed Use | Apartment Units - Condo |
Property Subtype | Commercial | Total Lot Size | 0.08 AC |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | Apartment Units - Condo |
Total Lot Size | 0.08 AC |
Description
Fantastic Investment Opportunity: Vacant Lot in Downtown Bronx, New York. Located in the heart of downtown, close to Yankee Stadium, this property features a land area of 35x100 feet, with R8A/C2-4 Zoning, offering potential for a development of around 21,000 square feet (specifics can be discussed with a professional architect). Moreover, the annual property tax is just $2,500, providing substantial savings. Convenience is paramount, thanks to easy access to transportation. The property is situated near the B/D/4 subway lines and train station. The Bronx County Hall of Justice is conveniently located across the street, adding to the property's appeal. In addition to its prime location, the area is bustling with amenities such as Starbucks, Home Depot, CVS, Walgreens, and more, presenting limitless possibilities for your project. With a thriving market in mind, rental rates for 1 to 3-bedroom apartments range from $2,500 to $3,800. The potential for land development is extensive, promising high returns on investment. Competitively priced at just $2 million, this represents an exceptional deal that you won't want to miss. Take action now and embrace this outstanding opportunity for success.
PROPERTY TAXES
Parcel Number | 02421-0006 | Improvements Assessment | $0 |
Land Assessment | $69,639 | Total Assessment | $69,639 |
PROPERTY TAXES
zoning
Zoning Code | R8A (Zoning: R8A/C2-4) |
R8A (Zoning: R8A/C2-4) |
Listing ID: 29384011
Date on Market: 2023-08-28
Last Updated:
Address: 882 Morris Ave, Bronx, NY 10451
The Land Property at 882 Morris Ave, Bronx, NY 10451 is no longer being advertised on LoopNet.ca. Contact the broker for information on availability.
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