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620 Morris Park Ave
Bronx, NY 10460

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Property Details

List Price: $1,000,000
Beds: --
Baths: --
Status: Active
SqFt: --

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Lot Size: --
Property Type: Commercial
Year Built: 1930
Notes: This offering presents a rare opportunity for development. 3,412 As-Of Right Residential Buildable Square Feet (BSF) corner development site. Corner 39' x 70' lot, 109 feet of wraparound frontage on Morris Park Avenue and Fillmore Street, a high-traffic location (10,000+ average daily traffic). Conveniently located near the Bronx River Parkway, White Plains Road and within walking distance to subway station (2 & 5 trains) at East 180th Street / Morris Park Avenue. 2,730 square feet existing building, the current improvements, which includes a full basement, need TLC plus some major repairs - A GUT REHAB. This property is in poor condition. However, Imagination and a bit of work will reward you with a real dream property. A Diamond in the Rough - Significant Redevelopment Potential or Complete Renovation of the Asset. The property is zoned R5 with a Floor Area Ratio (FAR) of 1.25 which typically produces three-story attached houses and small apartment houses with a height limit of 40 feet. SOLD "AS IS" Cash Buyers, Corporate Investors and Developers preferred. Asking price $1,000,000. ABC Real Estate Services has been exclusively retained.

Listing Provided By: ABC REAL ESTATE SERVICES INC, original listing
Office Phone: (718) 221-8822
Agent Name: Dylan Williams
Disclaimer: Copyright © 2021 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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