1500 Vyse Avenue

Prime Bronx Multi-Family Conversion Opportunity. Exceptional investment and development offering in the Crotona Park section of the Bronx. This legal three-family brick property offers approved architectural plans, in accordance with previous fire damage rehabilitation strategy, for conversion into eight one-bedroom residential units, providing investors and developers with multiple potential strategies. A condominium conversion application deck is also prepared, creating an opportunity to pursue either a long-term rental investment or individual condominium unit sales, subject to applicable approvals. Vacant delivery, sold AS-IS, approved conversion plans, flexibility for rental or condominium ownership return on investment outlook in the Bronx residential market.