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- LoopNet Team
2123 Newbold Ave
Bronx, NY 10462
2123 Newbold Ave · Land For Sale
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0.13 AC
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.13 AC |
| Property Subtype | Commercial | No. Stories | 2 |
| Proposed Use | Multifamily | ||
| Zoning | R5 | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.13 AC |
| No. Stories | 2 |
| Zoning | R5 |
DESCRIPTION
- The 2 story building is built to 2,880 SF and is situated on a 5,464 SF lot with 6,853 SF total residential BSF. The lot is zoned R5 and boasts a residential FAR of 1.25 - The building is fully leased and comprises of 5 Free-Market Residential units generating $80,220 in annual gross income - The property is one block away from the Castle Hill Ave subway station (6 Train) - The property lies on an undeveloped parcel, providing developers with the ability to assemble a more extensive site; in addition to presenting an opportunity to pursue an admirable residential project at 2123 Newbold Ave.
PROPERTY TAXES
| Parcel Number | 03814-0078 | Improvements Assessment | $128,212 |
| Land Assessment | $89,291 | Total Assessment | $217,503 |
PROPERTY TAXES
