961 Cauldwell Ave, Bronx, NY 10456

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961 Cauldwell Ave,Bronx, NY 10456
$285,000
  • 0.02 Acres
  • Lots / Land
  • Active
Listed by:eitan sror
Office:jupiter properties inc
MLS#:897956
Source:OneKey MLS

Price summary

  • Price:$285,000

About this home

Development Opportunity – Corner Lot in the Bronx 18' x 60' corner property located in a quite neighborhood with R6 zoning. This development site allows you to build up to 2,376 sq ft of residential space, suitable for a three-family building with two bedrooms in each unit. Key Highlights: R6 Zoning – build up to 2,376 sq ft Three-Family Design – 2BR apartments with excellent layouts Two Parking Garages – added convenience and value Corner Property – abundant natural light from multiple exposures Strong Rental Potential – each unit can rent at Section-8 rate for approx. $3,058/month Projected Annual Rental Income: $110,088 Investment Return – recoup your investment within ~7 years Comparable Sales – similar newly built properties in the area sell for $1.1M or more This is a straightforward buy, build, and flip opportunity. Perfect for developers and investors looking for a high-yield project in a growing area. Act now.

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Home facts

  • Listing ID #:897956
  • Added:50 day(s) ago
  • Updated:September 25, 2025 at 01:28 PM

Structure and exterior

  • Lot area:0.02 Acres

Schools

  • High school:Academy For Language And Technology
  • Middle school:Science And Technology Academy: A Mott Hall School
  • Elementary school:Ps 126 Dr Marjorie H Dunbar

Finances and disclosures

  • Price:$285,000
  • Tax amount:$159 (2026)
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