Description
Discover a rare double-lot opportunity in one of the Bronx’s fastest-evolving neighborhoods, 1831 Paulding Avenue, Morris Park.This two-family residence includes an adjoining 25x100 lot, offering flexibility for parking, outdoor use, or potential future development (subject to zoning and DOB approval). The property features a 2-bedroom/1-bath unit on the main floor and a 1-bedroom/1-bath unit above, each with separate utilities 2 electric meters and 2 gas meters keeping operating costs minimal. The landlord pays only water and property taxes, ensuring strong cash flow potential from day one.Driveway + bonus lot accommodate up to 4+ vehicles, a rare find in the Bronx.Future Growth Potential:Morris Park is poised for major transformation, anchored by the upcoming Morris Park Metro-North Station part of the $500 million East Bronx Transit Access and Rezoning Initiative projected to deliver 7,000+ new housing units and major infrastructure investment. Located near Jacobi Medical Center, Albert Einstein College of Medicine, and major highways, this property sits at the intersection of stability and future opportunity.Whether you’re an investor seeking cash flow, a contractor eyeing redevelopment, or a long-term holder anticipating area growth, 1831 Paulding Avenue offers a rare blend of income, land, and upside.Sold As-Is | Cash Buyers Only, Can be delivered vacant.All information subject to verification by purchaser, architect, and DOB. Call listing agent for a showing now!
Details
| MLS # | 930317 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 311 |
| Listing Provided By | Houlihan Lawrence Inc. | Jonny Lezi |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,454 |
| Basement | Y |
| Units | 2 |
| Acreage | 0.06 |
Interior
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Natural Gas, Separate Meters, Steam |
| Interior Features | Eat-in Kitchen, Open Floorplan, Storage |
| Window Features | Insulated Windows |
Exterior
| Construction Materials | Other, Stucco, Vinyl Siding |
|---|---|
| Foundation Details | Other |
| Fencing | Back Yard, Fenced |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Driveway |
Utilities
| Utilities | Electricity Available, Natural Gas Available, Sewer Connected, Trash Collection Public |
|---|---|
| Sewer | Public Sewer |
Location
| Community Features | Fitness Center, Other, Park, Playground, Sidewalks |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Assessed Value | 42240 |
| Tax Annual Amount | 6962.28 |
Area Information
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10462 |
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Contact
Learn More About This Property
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10462 |
