1787 Monroe Avenue, Bronx, NY 10457

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,