746 E 215
Property Description
Presenting 746 E 215th Street, a fully detached 4-family mixed-use property situated in the heart of the desirable Williamsbridge neighborhood of the Bronx. Positioned on an oversized 27' x 125' lot, this property features a 20' x 68' building and offers exceptional income-producing potential today with significant future development upside. The building consists of: Ground Floor: Vacant commercial space, ideal for an owner-user or investor, plus a private garage and driveway providing valuable off-street parking. Second Floor: Two 1-bedroom residential apartments. Third Floor: Two spacious 2-bedroom residential apartments. The vacant commercial space provides immediate flexibility for an end user or the opportunity to lease at current market rents, allowing an investor to maximize cash flow from day one. From a development standpoint, this property is exceptionally well positioned. Located within R6A zoning, it offers a maximum buildable floor area of approximately 10,125 square feet, leaving roughly 7,000 square feet of unused development rights. This creates a compelling opportunity for expansion, redevelopment, or long-term value appreciation, subject to buyer due diligence and approvals. Conveniently located near major transportation, shopping corridors, schools, parks, and neighborhood amenities, 746 E 215th Street combines stable residential income, a vacant commercial component, and substantial air rights into one outstanding investment opportunity. Whether you're an investor seeking value-add potential, a developer looking for unused FAR, or an owner-user searching for commercial space with residential income, this property checks every box.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,250,000 |
| Year Built: | 1928 |
| Lot Size: | 3,724.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-NYSMLS-11885275
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