1787 Monroe Avenue, Bronx, NY 10457 - Bronx County

Potential Development Site For Sale (R8), Multi family home with steady income.

Viewing by appointment only, email 48 hours in advance to confirm.

Lot Size: 25 ft x 95 ft

Year Built: 2007

Bedrooms: 11 total

• Main House: 9 bedrooms, 6 full baths (occupied by 3 families, spanning from 1st to 3rd floor)

• Basement: 2 bedrooms, 1 bath (currently not occupied)

• Livable area: 4,400 sq. ft.

Features:

• Backyard: Yes

• Parking: 2 spots in the front yard

• Expansion Potential: House can be expanded utilizing the front yard and backyard space

• Zoning: R8 (High potential for build up)

Financials:

• 421a Tax Abatement: 25 years starting from the 2nd half of 2021

• Separate Gas and Electric Meters

Recent Upgrades:

• Gas valves and thermocouples were newly replaced

• No major repairs needed

Additional Information:

• Attendee panel closed

• Basement has a separate entrance and it is connected to the backyard

• The area is proximate to employment centers, houses of worship, schools, local shopping, and amenities

• Each units are well maintained

• Neighborhood trends are well established with good development potential Additional Information: ParkingFeatures:2 Car Attached,

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