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Back 2221 Belmont Avenue
Off Market

2221 Belmont Avenue

New York NY 10457

3
2
1
1650 sq. ft.
2500 sq. ft.
Multi-Family
Last sold for $460,000
Matthew WarbetMatthew Warbet, last sold this property on 03 October 2023 after 117 days on market.

Overview

Investment Opportunity at 2213 Belmont Ave, Bronx, NY! PRIVATE DRIVEWAY! Introducing a unique investment opportunity in the heart of the Bronx. Located at 2221 Belmont Ave, this TWO FAMILY multifamily property boasts two units, a one-bedroom, and a two-bedroom layout with a total building area of 1,650 square feet. Despite needing a full renovation, this property offers a world of potential for the right buyer. With an R7-1 zoning, a building with a height factor of 3 could yield an FAR of 2.01, providing up to 5,025 SF of usable floor area. This allows for the opportunity to greatly expand the current living spaces or potentially add additional units, subject to the necessary planning permissions and regulations. Positioned in a vibrant neighborhood, this property offers easy access to local amenities and transportation links, making it an ideal location for potential renters. Priced at $650,000, this property represents a fantastic investment opportunity in the bustling borough of the Bronx. Whether you're an experienced investor looking to expand your portfolio, or a newcomer to the real estate investment scene, this property offers significant potential for both capital growth and rental income.

Features

3 bedrooms
2 bathrooms
1 carspace
1650 sq. ft. floor area
2500 sq. ft. lot size
Multi-Family

Estimated Value

We need at least 3 similar 3 bedroom multi families sold in New York over the last 12 months.

Property history for 2221 Belmont Avenue

2023
Sold
$460,000
03 Oct 2023 by Matthew Warbet, of Keller Williams Hudson Valley

Happy sellers in New York

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We have insufficient information to provide an overview of customer satisfaction for New York. Viewing the agent profiles, reviews and sales for New York can provide insights for this location.

Local market activity for 3 bedroom multi families in New York

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Glenny Hidalgo is a recommended agent for New York.  They have 1 local sale across the last 12 months.

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