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$799,999
Listing Price$2,500,000Est. Opening Bid--beds
--baths
3,008sqft
1,926sqft lot
1821 Topping Ave, Bronx, NY 10457
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Pre-Foreclosure
For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Calling all investors and cash buyers: a rare deep-value opportunity in the Mount Hope section of the Bronx, offered at $799,999. This extra-large brick legal three-family, built in 1899 and comprising approximately 3,008 square feet on an approximately 1,925 square foot lot, presents an experienced operator with both an immediate repositioning play and meaningful long-term development upside. The building offers generously proportioned layouts with abundant closet space and storage throughout, four electric meters and three gas meters, a full above-ground walk-out finished basement with its own separate entrance, and a large fenced rear yard. The location is a genuine asset in its own right: with a Walk Score of 92, the property sits within steps of the Grand Concourse, multiple subway lines and bus routes, and is only minutes from the Cross Bronx Expressway and the Major Deegan, in a corridor that continues to draw sustained rental demand and investor interest. The zoning is where this opportunity distinguishes itself. The property is zoned R7-1, which permits a maximum residential floor area ratio of approximately 3.44 - supporting on the order of 6,600 square feet of as-of-right residential floor area against roughly 3,008 square feet built today. That leaves approximately 3,600 square feet of unused development rights and a credible path to a materially larger unit count through enlargement or conversion, subject to Department of Buildings approval. A community facility
Interior Details
3008
N/A
N/A
Has Heating:
No
Heating Type:
N/A
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
1926
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Triplex
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$2,464
$9,660
$29,700
--%
$39,360
2019
$2,404
$9,660
$26,220
--%
$35,880
2017
$2,093
$2,930
$7,936
--%
$10,866
2017
$2,093
$3,286
$6,982
--%
$10,268
2016
$1,939
$3,033
$6,670
--%
$9,703
2015
$1,834
$3,565
$6,013
--%
$9,578
2013
$1,557
$5,303
$3,752
--%
$9,055
2012
$1,472
$5,023
$3,534
--%
$8,557
Average Home Price in 10457
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