2221 Belmont Ave

Investment Opportunity at 2213 Belmont Ave, Bronx, NY! PRIVATE DRIVEWAY! Introducing a unique investment opportunity in the heart of the Bronx. Located at 2221 Belmont Ave, this TWO FAMILY multifamily property boasts two units, a one-bedroom, and a two-bedroom layout with a total building area of 1,650 square feet. Despite needing a full renovation, this property offers a world of potential for the right buyer. With an R7-1 zoning, a building with a height factor of 3 could yield an FAR of 2.01, providing up to 5,025 SF of usable floor area. This allows for the opportunity to greatly expand the current living spaces or potentially add additional units, subject to the necessary planning permissions and regulations. Positioned in a vibrant neighborhood, this property offers easy access to local amenities and transportation links, making it an ideal location for potential renters. Priced at $650,000, this property represents a fantastic investment opportunity in the bustling borough of the Bronx. Whether you're an experienced investor looking to expand your portfolio, or a newcomer to the real estate investment scene, this property offers significant potential for both capital growth and rental income.