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720 Clarence Ave 2 Unit Apartment Building Offered at $1,998,999 Bronx, NY 10465
EXECUTIVE SUMMARY
1321 Shore Drive (also known as 720B Clarence Avenue), Bronx, NY 10465
Waterfront Two-Family with Private Dock, Development Potential & Marina Opportunity
Experience waterfront living at its finest in this stunning legal two-family home, situated on an expansive 18,525 sq ft lot in the heart of Throggs Neck. This offering includes two separate lots: Block 5481 Lot 29 (18,525 sq ft) and Block 5481 Lot 27 (approximately 17,000 sq ft), giving you more than 35,000 sq ft of combined land area. With approximately 100 feet of direct water frontage, a private boat dock, and sweeping views of the Long Island Sound from nearly every room, this property is truly exceptional.
The home features six bedrooms and four bathrooms across two spacious units, including a walkout basement apartment with its own living room and two additional bedrooms, creating the perfect setup for extended family, guests, or steady rental income. Each room in the home is equipped with its own individual heating and cooling split unit, providing year-round comfort and energy efficiency. The exterior includes a saltwater heated pool and hot tub, ample parking, and private outdoor areas that showcase the stunning water views.
Inside, the home is filled with natural light and offers bright, open living areas designed to take full advantage of the property's waterfront setting. Zoned R3A with a C3A waterfront designation across both lots, the property benefits from an easement and offers considerable development flexibility, making it ideal for long-term value growth or future expansion possibilities.
The wide waterfront frontage and existing dock infrastructure also introduce a unique marina-related business opportunity. Due to the scarcity of private docking options in this part of the Bronx, the property is well-positioned for small-scale marina use, including seasonal boat-slip rentals, private dockage, jet ski or paddleboard rentals, and other boating services, subject to applicable approvals. Waterfront access in this area commands strong demand, giving investors and owners an attractive chance to create additional income or further enhance the asset’s long-term value through boating or marina operations.
Waterfront Two-Family with Private Dock, Development Potential & Marina Opportunity
Experience waterfront living at its finest in this stunning legal two-family home, situated on an expansive 18,525 sq ft lot in the heart of Throggs Neck. This offering includes two separate lots: Block 5481 Lot 29 (18,525 sq ft) and Block 5481 Lot 27 (approximately 17,000 sq ft), giving you more than 35,000 sq ft of combined land area. With approximately 100 feet of direct water frontage, a private boat dock, and sweeping views of the Long Island Sound from nearly every room, this property is truly exceptional.
The home features six bedrooms and four bathrooms across two spacious units, including a walkout basement apartment with its own living room and two additional bedrooms, creating the perfect setup for extended family, guests, or steady rental income. Each room in the home is equipped with its own individual heating and cooling split unit, providing year-round comfort and energy efficiency. The exterior includes a saltwater heated pool and hot tub, ample parking, and private outdoor areas that showcase the stunning water views.
Inside, the home is filled with natural light and offers bright, open living areas designed to take full advantage of the property's waterfront setting. Zoned R3A with a C3A waterfront designation across both lots, the property benefits from an easement and offers considerable development flexibility, making it ideal for long-term value growth or future expansion possibilities.
The wide waterfront frontage and existing dock infrastructure also introduce a unique marina-related business opportunity. Due to the scarcity of private docking options in this part of the Bronx, the property is well-positioned for small-scale marina use, including seasonal boat-slip rentals, private dockage, jet ski or paddleboard rentals, and other boating services, subject to applicable approvals. Waterfront access in this area commands strong demand, giving investors and owners an attractive chance to create additional income or further enhance the asset’s long-term value through boating or marina operations.
PROPERTY FACTS
| Price | $1,998,999 | Lot Size | 0.82 AC |
| Price Per Unit | $999,500 | Building Size | 3,065 SF |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 2 | Year Built | 1920 |
| Property Type | Multifamily | ||
| Zoning | R3A/C3A | ||
| Price | $1,998,999 |
| Price Per Unit | $999,500 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Lot Size | 0.82 AC |
| Building Size | 3,065 SF |
| No. Stories | 2 |
| Year Built | 1920 |
| Zoning | R3A/C3A |
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Dobbs Realty Corporation
720 Clarence Ave
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