$2,350,000

720 Clarence Avenue B, Bronx, NY 10465, US

Summary

Style: Mixed Use
Year Built: 1920

Moving Quotes

primary photo for 720 Clarence Avenue B, Bronx, NY 10465, US

Remarks

Calling All Investors, Developers, & End-Users!!! Unique 2 Unit Bayfront Mixed-Use Property In Throgs Neck For Sale!!! The Property Features Excellent Signage, Great Exposure, Strong C3A Zoning, 16 Parking Spaces, High 8' Ceilings, Separate Meters, Low Property Taxes, 6 Lots (27, 28, 29, 30, Part Of 60 + 62), 2 Car Garage, Huge Yard, Full Metal Pier, Massive Private Beach, Private 250' Boat Dock, Jacuzzi, In Ground Saltwater Pool, Seaplane Ramp, Separate Entrances, Gated Lot, 200 Amp Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Throgs Neck On A HUGE 16,300 Sqft. Lot Just A Few Blocks From I-695/I-295. This Property Also Has Reparian Water Rights (120 x 250)Neighbors Include Starbucks, UPS, The Home Depot, Target, Dunkin', Walgreens, CVS, Planet Fitness, Five Guys, T.J. Maxx, The Bronx Zoo, Mobil, Sunoco, Taco Bell, McDonald's +++!!! The Entire Property Can Be Delivered Vacant. This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: 3 Br. Main House (1,200 Sqft.): $120,000 Ann. (Available) 3rd Floor 2 Br. Apt. (900 Sqft.): $48,000 Ann. (Available) 1st. Floor 2 br. Apt. (1,100 Sqft.): $50,400 Ann. (Available) Rear Unit (600 Sqft.): $26,400 Ann. (Available) Garage 1: $36,000 Ann. (Available) Garage 2: $36,000 Ann. (Available) Boat Slip Rental: $31,250 Ann. (Available) Pro Forma Gross Income: $348,050 Ann. Expenses: Insurance: $5,800 Ann. Taxes: $15,050 Ann. Total Expenses: $20,850 Ann. Net Operating Income (NOI): $327,200 Ann. (Pro Forma 13.92% Cap!!!)

Details

MLS#: 3520976
Price: $2,350,000

Style: Mixed Use
Year Built: 1920

County: Bronx
Lot Size: 10x200
Tax Fee: 14007

Share With Friend






Cancel

Ask a Question







Cancel

Request More Photos







Cancel

Schedule a Showing








Cancel
  • Photo 1
  • Photo 2
  • Photo 3
  • Photo 4
  • Photo 5
  • Photo 6
  • Photo 7
  • Photo 8
  • Photo 9
  • Photo 10
  • Photo 11
  • Photo 12
  • Photo 13
  • Photo 14
  • Photo 15
  • Photo 16
  • Photo 17
  • Photo 18
  • Photo 19
  • Photo 20
  • Photo 21
  • Photo 22
  • Photo 23
  • Photo 24
  • Photo 25
  • Photo 26
  • Photo 27
  • Photo 28
  • Photo 29
  • Photo 30
  • Photo 31
  • Photo 32
  • Photo 33
  • Photo 34
  • Photo 35
  • Photo 36

Broker Contact


All Island Estates Realty Corp
3242 Railroad Ave
Wantagh, NY, 11793
US
Judith Lucca Shane
! 516-783-5600
! judith@allislandestates.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by OneKey MLS
Last updated: 2024-06-07T14:10:23.000-04:00.
Privacy Policy