3,924 Sqft Lot
3,924 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1009289
Rental Info No
Year Built 1920
Annual Tax Amount $7,996
Lot Size 3,924 Sqft
Acres 0.0901
Property Sub-Type Duplex
Source onekey2
Property Description
**Welcome to Fordham – Where Community Thrives**
Fordham is a dynamic, welcoming neighborhood that pulses with authentic energy and cultural richness. Anchored by historic Fordham University, this beloved community features tree-lined streets, charming pre-war brownstones, and a wonderful mix of architectural character. The neighborhood radiates with life – from diverse local restaurants and shops along the bustling Fordham Road corridor to the natural beauty of the NY Botanical Garden and Bronx Zoo nearby.
What makes Fordham special is its strong sense of community. Year-round festivals, cultural celebrations, and neighborhood institutions create a warm, inclusive atmosphere where families, young professionals, and longtime residents thrive together. The area is experiencing exciting growth – projected to add nearly 1,000 new households over the next 5 years – signaling strong confidence in the neighborhood's future.
**Smart Investment Fundamentals:**
The numbers back up the neighborhood's appeal. With a robust rental market (median rent $1,384/month), 97% renter-occupied housing, and steady population growth of 4.5% over 5 years, this is a neighborhood on the rise. Strategic location near major employers, universities, and attractions ensures consistent demand.
**Development Highlights:**
• R6 Zoning - Maximum development flexibility and residential potential
• Strong Rental Market - Proven demand with 97% renter-occupied housing
• Population Growth - 4.5% projected 5-year increase to 62,682 residents
• Vibrant Community - Cultural diversity, local businesses, and strong institutions
• Strategic Location - Near Fordham University, NY Botanical Garden, Bronx Zoo
• 3,924 sq ft Lot - Excellent for redevelopment and expansion
Perfect for developers, investors, and builders seeking strategic growth opportunities in a thriving, welcoming community. This property represents a compelling entry point for residential development in Fordham's vibrant and rapidly appreciating market.
Location
State NY
County Bronx County
Rooms
Basement Finished, Full
Interior
Interior Features First Floor Bedroom, First Floor Full Bath
Heating Natural Gas
Cooling Wall/Window Unit(s)
Flooring Hardwood
Fireplace No
Exterior
Parking Features Driveway, Garage
Garage Spaces 1.0
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Total Parking Spaces 6
Garage true
Private Pool No
Building
Sewer Public Sewer
Water Public
Structure Type Brick,Frame
Schools
Elementary Schools Bronx Stem And Arts Academy
Middle Schools Bronx School Of Young Leaders (The)
High Schools Bronx 10
School District Bronx 10
Others
Senior Community No
Special Listing Condition None
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