2350 Washington Avenue, Bronx, NY 10458
sale
$999,999
|
Other
Courtesy Of Millionaire Minds Realty
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.
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Property Features
- Age: Over 50 Years Old
- Amenities: Basement
- Cooling System: Ductless
- Exterior Type: Brick
- MLSID: 1047146
- Rooms: Basement
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