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About This Home
This 0-bedroom, 2-bathroom commercial at 861 Freeman St in Bronx, NY is listed for $1,300,000 ($331 per sqft). Built in 1931, the home offers 3,930 sqft of living space on a N/A lot.
Introducing 861 Freeman Street, a mixed-use building with 2 apartments and 2 retail stores. The rent roll is over $150,000 per year or the property can be developed into a new residential building. With a lot size measuring a total of 2,550 SF lot and zoned R7-1, the property offers developers a as of-right buildable Sq.
Ft. of 8,772. Additionally, a builder can take advantage of 12,775 BSF with UAP. Currently built as a 3-story (2) family and a store with 3,930 SF. with building dimensions of 25'x54'. Both Units are 6 Bedrooms, 1 Bathroom each. The apartments also have electric heat.
861 Freeman Street is located 0.2 Miles from the Freeman Street 2,5 Train Subway Station. - 30' x 85' Lot Zoned R7-1. 8,772 BSF As-of-Right. 12,775 BSF with Universal Affordability Preference - 3,930 Sq. Ft. (2) Family and 2 stores development potential - 2 Blocks from the Freeman Street 2 & 5 Subway Station. - Low Taxes - $3,024
Key Features
- Built in 1931
- 3 stories
Property Details
Monthly Cost Estimate
$6,953/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
861 Freeman St
Bronx, NY 10459
Property Details
Parking
Heating
Questions & Answers
This 0-bedroom, 2-bathroom commercial at 861 Freeman St is listed at $1,300,000 ($331/sqft). The estimated monthly payment is $5,633 based on 20% down at 6.5% interest.
Key features include: Built in 1931, 3 stories.
This property is listed by Maha Alaoui and can be reached at 6465594700 or malaoui@landairnyc.com.
