$2,500,000
Updated 8 years ago
Off Market

1369 Lyman Place

Morrisania, Bronx | East 169th Street & Freeman Street

22 Rooms9 Beds9 Baths10,372 Square FeetMulti-Family

$2,500,000
floors / apts3 / 3
Lot Size109'x55'
Built Size49'x25'
ZoneR7-1
Building TypeHouse
RE Taxes$2,664
Price Per SF
$241

Property Description for 1369 Lyman Place

Incredible development site for a multifamily in a booming Bronx neighborhood where developments are happening all around and rate of returns are highest in the city. In addition, this development site is located only four blocks away from the bustling commercial strip of Southern Blvd, where you have an array of shops, groceries, eateries and businesses. At an equally short distance of four blocks you also have the 2 and 5 subway lines, that grant easy and fast access to both East and West sides of Manhattan. A February 2018 Wall Street Journal article notes that the "The Bronx is the new Brooklyn" because of rapid developments happening all over as a result of its close proximity and easy commute to New Jersey, Westchester and Manhattan. In the WSJ article, a Bronx-based developer says, The fact is, the Bronx is safe and the Bronx has a cool story." So, do not miss out on this incredible investment opportunity!

Contact Jennifer Saavedra for the setup and more details.

Building Details for 1369 Lyman Place

OwnershipMulti-Family
Building TypeHouse
AgePre-War
AccessWalk-up
Year Built1901
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

Freeman St
0.25 miles
Simpson St
0.44 miles

Citi Bike

Union Ave & E 169 St
0.11 miles
Freeman St & Reverend James A Polite Ave
0.11 miles

Contact Agent

Contact Agent

Jennifer Saavedra
Keller Williams NYC
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 73765TH