2830 Marion Avenue, Bedford ParkBronx, NY 10458Price: $1,300,000

Discover a remarkable investment opportunity at 2830 Marion Avenue, a legal two-family frame property situated on a freestanding lot in a desirable area. With a total square footage of 2,948, this two-story building features dimensions of 37 ft x 37 ft and a roof height of 34 ft, originally built in 1920. The property is constructed with a frame and has an average exterior condition, with aluminum/vinyl siding. It includes a full basement below grade, offering additional potential. Zoned R-5, this property currently hosts two residential units, each averaging 1,474 sq. ft. The current Floor Area Ratio (FAR) is 0.50, with a maximum buildable area of 8,757 sq. ft. and an available buildable area of 5,838 sq. ft. This location not only offers significant development potential but is also conveniently located near transportation and upcoming projects, making it an ideal choice for investors looking to capitalize on a growing neighborhood. Seize this unique opportunity to invest in a promising property!