3013 Middletown RdBronx, NY 10461

This exceptional 3,000 square foot property, situated on a 0.06-acre lot at 3013 Middletown Road in the Bronx, NY, presents a compelling investment opportunity for builders and developers. Currently zoned for multifamily use, preliminary plans are in place for a 15-unit residential building, each unit featuring one bedroom. The plans also incorporate ground-level retail or community facility space, adding significant versatility and potential rental income streams. Importantly, the property is not subject to parking requirements, simplifying development and reducing costs. The pending plans are available for purchase with the property, or the property can be acquired independently, allowing for flexibility in development strategies. This prime location offers unparalleled convenience, with easy access to the #6 train line, a variety of shops and bus routes, the expansive Pelham Bay Park, and major highways. The property's proximity to public transportation and amenities makes it highly attractive to potential tenants, ensuring strong occupancy rates. This is a rare chance to acquire a well-positioned development site in a thriving Bronx neighborhood, offering substantial returns on investment. The asking price is $1,499,999. Serious inquiries are encouraged.