1. New York
2. Bronx
3. 4392 Park Avenue

4392 Park Avenue, Bronx, NY 10457

• 7 beds |
• 2 baths |
• 2,120 sqft

Property Description

Nestled in the vibrant Belmont neighborhood, this expansive two-family house presents a fantastic opportunity for homeowners, investors, and developers alike. Boasting generous living spaces and separate utilities, this property offers both immediate rental income potential and exciting future possibilities. First Floor: Discover a spacious three-bedroom, one-bathroom apartment. Enjoy seamless indoor-outdoor living with direct access to the backyard – perfect for relaxing or entertaining. Second Floor: The upper level features a large four-bedroom apartment with one bathroom, providing ample space for a growing family or tenants. Basement: A substantial, unfinished walk-out basement offers endless potential for customization, whether you envision additional living space, a recreational area, or extra storage. Separate Utilities: Each unit is equipped with its own independent gas boiler and gas hot water tank, ensuring tenant comfort and simplified management. Development Opportunity: Situated on land zoned M1-1 and located within a Qualified Opportunity Zone, this property presents a compelling prospect for developers and investors seeking to capitalize on potential tax benefits and the area's growth. Don't miss this chance to own a substantial property in a sought-after location with significant upside potential!

Listing Status:

Active

Listing Office:

EXIT Realty Private Client : 914-222-1000

MLS ID:

852183

Interior

• Appliances: Refrigerator
• Basement: UnfinishedWalk-Out Access
• A/C: Wall/Window Unit(s)
• Heating: Baseboard

Exterior

Location

Lot

Utilities

Financial

This listing courtesy of EXIT Realty Private Client