961 Cauldwell Ave, Bronx, NY 10456

Land
Built in ——
1,080sqft lot
—— car garage
$——/sqft
Listed 2 days ago

Property Description

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.

Listing Status:: Active
Listing Office:: Jupiter Properties Inc : 917-577-9362
MLS ID:: 897956

Originating MLS: onekey2
School District: Bronx 9
County: Bronx County

This listing courtesy of Jupiter Properties Inc

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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