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Active - Unimproved Land for sale

882 Morris Avenue, Bronx, NY 10451

Facts & features

Unimproved Land Property type
1105 days on Beycome
3,500 sqft Lot size

Why you’ll love it

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 $2.58 million, this represents an exceptional deal that you won't want to miss. Take action now and embrace this outstanding opportunity for success.

Translating description...

Listed by: Meng Shi Fang • vivianrealty88@gmail.com • Sany Realty Group LLC

Co-listed by: Sany Realty Group LLC

Come see by yourself

Affordability

$1,675,000$3,485,000
1%20%
0%90%
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Estimated monthly payment

$13,257/mo

  • Mortgage$13,046
  • Property tax$211
  • HOA fee
  • Homeowners insurance
Due at closing$2,051,100
Down payment held in escrow$516,000
Closing costs$38,700
beycome credit Est.$51,600

Beycome estimates only. Actual amounts and terms vary by lender and location.

Discover the neighborhood

Travel times

About BRONX

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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.

$2,580,000 Listed price

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$51,600 Credit back

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