Vacant Land in Bronx County
| MLS Number | 897956 |
|---|---|
| Address | 961 Cauldwell Ave, Bronx, NY 10456 show map |
| Price | $285,000 show mortgage calculator |
| Acres | 0.024793388429752 |
| Elementary School | Ps 126 Dr Marjorie H Dunbar |
| Jr High-Middle School | Science And Technology Academy: A Mott Hall School |
| High School | Academy For Language And Technology |
| Land Use Permitted | |
| Use / Zoning | |
| Zoning | |
| Utilities Inc. |
Development Opportunity – Corner Lot in the Bronx 18' x 60' corner property located in a quite neighborhood with R6 zoning. This development site allows you to build up to 2,376 sq ft of residential space, suitable for a three-family building with two bedrooms in each unit. Key Highlights: R6 Zoning – build up to 2,376 sq ft Three-Family Design – 2BR apartments with excellent layouts Two Parking Garages – added convenience and value Corner Property – abundant natural light from multiple exposures Strong Rental Potential – each unit can rent at Section-8 rate for approx. $3,058/month Projected Annual Rental Income: $110,088 Investment Return – recoup your investment within ~7 years Comparable Sales – similar newly built properties in the area sell for $1.1M or more This is a straightforward buy, build, and flip opportunity. Perfect for developers and investors looking for a high-yield project in a growing area. Act now.
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