Living area with stairway, a chandelier, and wood-type flooring | Image 1

$1,250,000

2323 Powell Ave, Bronx, NY

Name: 2323 Powell Ave, For Sale in Bronx - eXp Commercial Brokerage
Brand: EXIT Realty Private Client
SKU: 881771
Price: 1250000 CAD

Real Estate

For Sale

$--,---,---

440

Key Facts
Description
Map

Key Facts

Type Duplex

Levels Residential Income

Size -

Garage No

Taxes $6,447

Days Active 22

Lot Size

Approx. Age 1920

MLS® Number 881771

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

**An Unparalleled Opportunity: Tudor Two-Family Home with Development Potential in Castle Hill** Discover an exceptional investment or owner-occupancy opportunity at 2323 Powell Avenue, a distinguished Tudor-style two-family home nestled in the vibrant Castle Hill section of the Bronx, NY. This unique property sits proudly on an expansive 50x103 foot lot, offering significant space and versatility. The residence features a generously sized **three-bedroom duplex** that serves as the main living space. This charming unit boasts a well-appointed kitchen, a dedicated dining area perfect for gatherings, and two full bathrooms, providing comfortable and flexible living. Additionally, the property includes a separate **one-bedroom apartment**, ideal for rental income or an extended family member. Adding to its appeal is a **bonus studio apartment**, further enhancing the income potential or offering additional flexible space. Beyond the existing charming structure, this property's true value is amplified by its **R5 zoning**, allowing for a maximum Floor Area Ratio (FAR) of 6, 438 buildable square feet. This zoning designation, combined with the substantial lot size, makes 2323 Powell Avenue an **ideal canvas for investors and developers** seeking to maximize their return in a burgeoning urban landscape. The large lot also provides ample space for **parking several vehicles**, a highly sought-after amenity in New York City, adding convenience for residents and tenants alike. Located in a **great location close to all amenities**, residents will enjoy easy access to local shops, diverse dining options, public transportation (including express buses and subway lines for a quick commute to Manhattan), schools, and recreational parks. This property offers a rare combination of charming residential living with significant development upside in a prime Bronx neighborhood. Don't miss this opportunity to acquire a versatile asset with immense potential. Property is selling as is and predates CO.Show Description

MLS® Number881771

Laundry Level

Central VacNo

FireplaceNo

Acreage0.1182

Exterior

GarageNo

Approx. Age1920

Basement

Driveway

Garage Spaces

HeatNatural Gas

A/CNone

Heating Fuel

Extras

Similar Listings

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

I want to view this property

By checking this box, and clicking “Take a Tour”, I am confirming that I have read and agree to Zoocasa's Data Processing & Privacy Policy, and to Zoocasa's Terms of Use.

By checking this box, and clicking “Take a Tour”, I am electronically signing and consenting to receive marketing communications (about real estate brokerage services and one or more properties that I may buy, sell, or rent), that may be delivered to me via email, telephone and/or text messaging (using “automated technology” such as an automatic telephone dialing system, and/or an artificial or prerecorded voice), from Zoocasa, eXp Realty® and its independent contractor real estate agents, and/or its or their affiliates, using the contact information I provided. Consent is not a condition of purchase. I may opt-out at any time by emailing [email protected] or calling 1-844-683-4664.

Get notified of price or status changes by saving this listing