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Business opportunity for sale in Tremont

USD 1,975,000

Business opportunity (For sale)

Reference: EDEN-T102068351 / 102068351
551 E 169th St, Bronx, NY offers a unique opportunity for redevelopment in the thriving Morrisania neighborhood. While the building requires a full rehabilitation or demolition, its an R7-1 zoning provide significant upside potential for savvy developers and investors. This property is ideally suited for developers and investors seeking to capitalize on the growing demand for residential and mixed-use developments in the Bronx. Location Highlights: Close proximity to public transportation, schools, grocery stores, parks, gyms, restaurants, parking garages, etc Thriving community with ongoing development projects Easy access to major highways and downtown Manhattan R7-1 Zoning 3.44 Max Residential FAR Approx. 15,222 Buildable Sqft View more View less 551 E 169th St, Bronx, NY offers a unique opportunity for redevelopment in the thriving Morrisania neighborhood. While the building requires a full rehabilitation or demolition, its an R7-1 zoning provide significant upside potential for savvy developers and investors. This property is ideally suited for developers and investors seeking to capitalize on the growing demand for residential and mixed-use developments in the Bronx. Location Highlights: Close proximity to public transportation, schools, grocery stores, parks, gyms, restaurants, parking garages, etc Thriving community with ongoing development projects Easy access to major highways and downtown Manhattan R7-1 Zoning 3.44 Max Residential FAR Approx. 15,222 Buildable Sqft
Reference: EDEN-T102068351
Country: US
City: Bronx
Postal code: 10456
Category: Commercial
Listing type: For sale
Property type: Business opportunity
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