About This Home
This 0-bedroom, 0-bathroom multi-family at 2350 Washington Avenue in Bronx, NY is listed for $999,999. Built in 1931, on a 0.03 acres lot.
Key Features
- Built in 1931
- 0.03 acre lot
Property Details
PRIME MIXED-USE INVESTMENT & DEVELOPMENT OPPORTUNITY IN THE BRONX! Welcome to 2350 Washington Avenue, a mixed-use commercial property offering tremendous potential for investors, developers, and owner-users. The property currently features two residential units above a ground-floor commercial bar, providing an opportunity for multiple income streams.
With M1-4/R7A zoning, this property presents exciting possibilities to renovate, reposition, develop, or potentially rebuild, subject to all applicable zoning, approvals, and regulations. Investors can explore maximizing the property's development potential while also benefiting from its existing mixed-use configuration.
Whether your strategy is to create stable long-term rental income, add value through improvements, reposition the commercial space, or pursue a larger development opportunity, 2350 Washington Avenue offers flexibility and upside in the Bronx market. A unique opportunity for investors and developers looking for both immediate income potential and future growth.
Buyer and buyer's representatives should independently verify all zoning, allowable uses, development rights, square footage, and potential with the appropriate NYC agencies and professionals.
Monthly Cost Estimate
$5,348/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2350 Washington Avenue
Bronx, NY 10458
Property Details
Construction
Parking
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 2350 Washington Avenue is listed at $999,999. The estimated monthly payment is $5,349 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1931, 0.03 acre lot.
This property is listed by Steven Pratt and can be reached at 9294001063.
