2350 Washington Avenue, Bronx, NY 10458

$999,999

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List Price
$999,999
Days on Market
1
MLS#
1047146
Status
ACTIVE
Property Type
Mixed Use
Year Built
1931
Property Tax
$15,458
School District
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Property Description

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.

Additional Information

Acres
0.03
Basement
Bilco Door(s), Common, Storage Space
Heating
Ducts
Cooling
Ductless
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Steven Pratt (info@millionairemindsrealty.com) from Listing Office: Millionaire Minds Realty.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.