About 961 Cauldwell Avenue
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.
Features of 961 Cauldwell Avenue
| MLS® # | 897956 |
|---|---|
| Price | $299,000 |
| Bathrooms | 0.00 |
| Acres | 0.02 |
| Type | Land |
| Status | Active |
Community Information
| Address | 961 Cauldwell Avenue |
|---|---|
| City | Bronx |
| County | Bronx County |
| State | NY |
| Zip Code | 10456 |
Additional Information
Listing Details
| Office | Jupiter Properties Inc |
|---|---|
| Office Contact | 917-577-9362 |