The Bronx once known to the world as burning..is now on Fi-yah! Capitalize on this great investment opportunity as the neighborhood is being re-developed. This property is ideal for an end user/investor. One who is willing to invest in the cosmetic and system upgrades the property requires to live in and/or generate income. This home boarders the newly acclaimed Grand Concourse Historic District and the newly rezoned 161st Street transportation hub as part of the New Bronx Civic Center. The home is a stone's throw from all the action...the new ground zero. Key Features/Adornments: * High Ceilings * Elaborate archways * Original Italian Floor Tiles * Decorative Wall Moldings * Original Wrought Iron Staircase with Marble Tread and Risers * Skylight * Ceiling Medallions Property Dimensions: * Building Sq Ft 9,420 * Building Dimensions 78.5 X 40 Ft * Lot Sq Ft 3,927 * Lot Dimensions 78.53 X 50 * Roof Height 31 Ft * Ground Elevation 38 Ft * FAR Residential 6.02 Facility 6.5 * FAR as Built 2.4 * Allowable Usable Floor Area 23,641 In addition, this property has a small commercial space that can be used as an office. It is 1260 sq ft. The Concourse neighborhood is also the home of Yankee Stadium, the Bronx Museum of the Arts, Joyce Kilmer Park, Gateway Mall, Bronx County Court House. The transportation nodes include: #4, B and D Trains and MetroNorth
Off market
$2,686,700
906 Gerard Ave, Bronx, NY 10452
9beds
9,420sqft
MultiFamily
Built in 1927
-- sqft lot
$2,686,700 Zestimate®
$285/sqft
$3,554 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
- Full bathrooms: 5
Appliances
- Included: Dryer, Washer
Features
- Has fireplace: Yes
Interior area
- Total interior livable area: 9,420 sqft
Property
Lot
- Size: 3,927 sqft
Details
- Parcel number: 024760065
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1927
Community & neighborhood
Location
- Region: Bronx