UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Pelham Parkway
MLS Listing ID 1069647
Rental Info No
Year Built 1905
Annual Tax Amount $6,601
Lot Size 3,314 Sqft
Acres 0.0761
Lot Dimensions 41.42 x 80 IRR
Property Sub-Type Duplex
Source onekey2
Property Description
Exceptional opportunity to acquire two adjoining properties in the Bronx. The assemblage consists of an existing residential property at 1982 Cruger Avenue, currently configured as two residential units, and 1976 Cruger Avenue, an additional parcel currently improved with four garages. Both properties are zoned R5 and are being offered together as one package.
1982 CRUGER AVENUE – RESIDENTIAL PROPERTY Existing house converted into two residential units.
Lot Size: 41.42' x 80' (Approx. 3,314 SF)
Building Dimensions: 20' x 33'
Actual FAR: 0.41
Maximum Residential FAR: 1.25
Stated Maximum Residential Floor Area: 5,040 SF
Reported Annual Property Taxes: $6,601
1976 CRUGER AVENUE – LAND / FOUR-GARAGE PROPERTY Currently improved with four garages.
Lot Size: 101.25' x 79.08' IRR
Building Dimensions: 42' x 43'
Actual FAR: 0.27
Maximum Residential FAR: 1.25
Stated Maximum Residential Floor Area: 4,416 SF
Reported Annual Property Taxes: $5,731
COMBINED PROPERTY HIGHLIGHTS:
Two adjoining parcels offered together
R5 zoning
Existing two-unit residential structure plus four garages
Approx. $12,332 in combined reported annual property taxes
Potential opportunity for investors, builders, and developers
TOTAL ASKING PRICE: $1,400,000
A unique opportunity to acquire multiple adjoining parcels with existing improvements and potential for future residential development, subject to applicable zoning regulations, approvals, permits, and independent due diligence.
ADDITIONAL INFORMATION: The property lots are irregular in shape. Survey available upon request. Buyers are encouraged to review the survey and independently verify all lot dimensions and property boundaries.
All dimensions, lot areas, zoning designations, FAR calculations, allowable floor area, development potential, and tax figures are approximate and subject to independent verification. Buyers should consult their own architects, engineers, attorneys, and appropriate NYC agencies to verify all information. Property taxes are preliminary third-party reported figures and should be confirmed with the NYC Department of Finance.
Both properties are being sold together as one package.
Location
State NY
County Bronx County
Rooms
Basement Full
Interior
Interior Features First Floor Bedroom
Heating Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Covered, Detached, Driveway
Garage Spaces 4.0
Utilities Available Cable Available, Electricity Connected
Total Parking Spaces 9
Garage true
Private Pool No
Building
Sewer Public Sewer
Water Private
Structure Type Frame
Schools
Elementary Schools Ps 105 Sen Abraham Bernstein
Middle Schools Bronx Alliance Middle School
High Schools Bronx 11
School District Bronx 11
Others
Senior Community No
Special Listing Condition None
NEARBY SCHOOL & BUSINESS
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