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$ 1,150,000
Est. payment /mo
Price Dropped by $100K
940 East 181st Street Bronx, NY 10460
8 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11798820
Bedrooms 8
Full Baths 4
Property Description
940 East 181st Street, a 3,087 sq. ft. three-family building on an irregular 40.27′ x 103′ lot (3,338 sq. ft.) in West Farms, the Bronx. The building includes a ground-floor studio, a three-bedroom/one-bath on the first floor, and a five-bedroom/two bath duplex. The property will be delivered fully vacant at closing. Zoned R7-1, the site permits up to 11,482 buildable sq. ft. as-of-right or 16,723 buildable sq. ft. with UAP, presenting a compelling opportunity to redevelop ground-up or alter the existing building. Located 0.4 miles from the West Farms Square-East Tremont Ave station (2/5 trains), the property also benefits from Bx9, Bx21, and Bx36 bus service. Bronx Park - home to the Bronx Zoo and New York Botanical Garden - anchors the neighborhood to the north, complemented by the East Tremont Avenue retail corridor, Fordham University, area schools, and Bronx healthcare facilities. Recently permitted mixed-use development throughout West Farms reflects growing investor confidence in the submarket.
Location
State NY
County 36005
Rooms
Dining Room 0
Kitchen 0
Building
Story 4