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576 Prospect Ave

New York NY 10455

5
4
2
2340 sq. ft.
3996 sq. ft.
Duplex
Currently for sale - view listing

Overview

Rare 2-family corner lot property being delivered fully vacant with significant development potential located in the Longwood / Mott Haven section of the Bronx. Zoned R7-1 with a C1-4 overlay allowing for residential and commercial use, this property offers a maximum FAR of 3.44 with up to approximately 9,560 buildable residential square feet. The property features two units, including a main duplex offering a living room, dining room, kitchen, and half bath on the first level, with three bedrooms upstairs including a primary suite and hall bathroom. The ground level includes a two-bedroom, one-bath apartment. The lot accommodates up to 6+ vehicles. Conveniently located near the 2 and 5 trains at 149th Street Grand Concourse, with access to multiple bus lines including the Bx19, Bx15, and Bx2, and close to major roadways such as the Bruckner Expressway (I-278). Situated in a rapidly developing area of the Bronx near shops, eateries, and ongoing new developments, making this a prime location for both end users and investors looking to capitalize on future growth.

Features

5 bedrooms
4 bathrooms
2 carspaces
2340 sq. ft. floor area
3996 sq. ft. lot size
Duplex

Property history for 576 Prospect Ave

2015
Sold
$490,000
28 Dec 2015 by Theresa Martinez, of Exit Realty Search

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 5 bedroom duplexes in New York

In the last 12 months, 2 five-bedroom duplexes similar to 576 Prospect Ave, have been sold.

This represents a 60% increase in five-bedroom duplexes sales when compared to the previous 12 months.

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