39
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$1,250,000
Est. payment /mo
4 Beds
4 Baths
5,148 Sqft Lot
New
2323 Powell AVE Bronx, NY 10462
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 881771
Bedrooms 4
Full Baths 4
Rental Info No
Year Built 1920
Annual Tax Amount $6,447
Lot Size 5,148 Sqft
Acres 0.1182
Property Sub-Type Duplex
Source onekey2
Property Description
**An Unparalleled Opportunity: Tudor Two-Family Home with Development Potential in Castle Hill**
Discover an exceptional investment or owner-occupancy opportunity at 2323 Powell Avenue, a distinguished Tudor-style two-family home nestled in the vibrant Castle Hill section of the Bronx, NY. This unique property sits proudly on an expansive 50x103 foot lot, offering significant space and versatility.
The residence features a generously sized **three-bedroom duplex** that serves as the main living space. This charming unit boasts a well-appointed kitchen, a dedicated dining area perfect for gatherings, and two full bathrooms, providing comfortable and flexible living. Additionally, the property includes a separate **one-bedroom apartment**, ideal for rental income or an extended family member. Adding to its appeal is a **bonus studio apartment**, further enhancing the income potential or offering additional flexible space.
Beyond the existing charming structure, this property's true value is amplified by its **R5 zoning**, allowing for a maximum Floor Area Ratio (FAR) of 6,438 buildable square feet. This zoning designation, combined with the substantial lot size, makes 2323 Powell Avenue an **ideal canvas for investors and developers** seeking to maximize their return in a burgeoning urban landscape.
The large lot also provides ample space for **parking several vehicles**, a highly sought-after amenity in New York City, adding convenience for residents and tenants alike.
Located in a **great location close to all amenities**, residents will enjoy easy access to local shops, diverse dining options, public transportation (including express buses and subway lines for a quick commute to Manhattan), schools, and recreational parks. This property offers a rare combination of charming residential living with significant development upside in a prime Bronx neighborhood. Don't miss this opportunity to acquire a versatile asset with immense potential.
Property is selling as is and predates CO.
Discover an exceptional investment or owner-occupancy opportunity at 2323 Powell Avenue, a distinguished Tudor-style two-family home nestled in the vibrant Castle Hill section of the Bronx, NY. This unique property sits proudly on an expansive 50x103 foot lot, offering significant space and versatility.
The residence features a generously sized **three-bedroom duplex** that serves as the main living space. This charming unit boasts a well-appointed kitchen, a dedicated dining area perfect for gatherings, and two full bathrooms, providing comfortable and flexible living. Additionally, the property includes a separate **one-bedroom apartment**, ideal for rental income or an extended family member. Adding to its appeal is a **bonus studio apartment**, further enhancing the income potential or offering additional flexible space.
Beyond the existing charming structure, this property's true value is amplified by its **R5 zoning**, allowing for a maximum Floor Area Ratio (FAR) of 6,438 buildable square feet. This zoning designation, combined with the substantial lot size, makes 2323 Powell Avenue an **ideal canvas for investors and developers** seeking to maximize their return in a burgeoning urban landscape.
The large lot also provides ample space for **parking several vehicles**, a highly sought-after amenity in New York City, adding convenience for residents and tenants alike.
Located in a **great location close to all amenities**, residents will enjoy easy access to local shops, diverse dining options, public transportation (including express buses and subway lines for a quick commute to Manhattan), schools, and recreational parks. This property offers a rare combination of charming residential living with significant development upside in a prime Bronx neighborhood. Don't miss this opportunity to acquire a versatile asset with immense potential.
Property is selling as is and predates CO.
Location
State NY
County Bronx County
Interior
Interior Features First Floor Bedroom
Heating Natural Gas
Cooling None
Fireplace No
Exterior
Utilities Available Electricity Available, Natural Gas Available
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Senior Community No
Special Listing Condition None
Listed by EXIT Realty Private Client
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