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3205 Lafayette Ave 2 Unit Apartment Building $1,200,000 ($600,000/Unit) Bronx, NY 10465



Executive Summary
Rare opportunity to acquire a fully vacant legal two-family property in the desirable Throggs Neck section of the Bronx. Delivered completely vacant, this asset provides a true blank slate for investors or end-users to renovate, reconfigure, or design to their exact specifications. The property offers strong upside potential with the ability to maximize rents, create a high-end owner-occupied residence with supplemental income, or tailor a multi-generational living setup. Additional features include a full basement, garage, and a generous lot size allowing for outdoor use or future enhancements. Situated on a quiet residential block with convenient access to major highways, public transportation, and neighborhood retail, this location continues to see steady demand and long-term stability. Ideal for buyers seeking full control over layout, finishes, and income strategy. Vacant multifamily opportunities in Throggs Neck are extremely limited.
Property Facts
| Price | $1,200,000 | Apartment Style | Low-Rise |
| Price Per Unit | $600,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.10 AC |
| Sale Condition | High Vacancy Property | Building Size | 2,162 SF |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1954 |
| Property Subtype | Apartment | ||
| Zoning | R4-1 - Residential | ||
| Price | $1,200,000 |
| Price Per Unit | $600,000 |
| Sale Type | Investment |
| Sale Condition | High Vacancy Property |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 2,162 SF |
| No. Stories | 2 |
| Year Built | 1954 |
| Zoning | R4-1 - Residential |
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Very walkable
80/100
Moderately drivable
70/100
Strong public transit
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 05463-0027 | Improvements Assessment | $35,316 |
| Land Assessment | $10,268 | Total Assessment | $45,584 |
Property Taxes
Parcel Number
05463-0027
Land Assessment
$10,268
Improvements Assessment
$35,316
Total Assessment
$45,584
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3205 Lafayette Ave
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