Property Description

Newly Offered - Two-Family Opportunity | R3X Zoning | 60 x 100 LotPositioned on a rectangular 60 x 101 property within an R3X zoning district, this newly offered two-family presents an excellent opportunity to develop a custom, luxury two-family residence. With approximately 4,500 buildable square feet permitted under 0.75 FAR, the site supports substantial new construction tailored to today's expectations for space, layout, and functionality.** Based on three recent sales in an R3X zoning district, which were demolished to build a New Two Family on 4,000-sf lots, the average s/p = $1,243,320.00. Each lot allowed 3,000 buildable sq ft. = $414.44 per buildable sq. ft. Do the math...The existing home is configured as a true two-family. The main level consists of seven rooms with three bedrooms. The second floor offers six rooms, three bedrooms, and one bath. A full, open basement features high ceilings, a half bath, and a separate rear entrance, providing additional flexibility for future use.The property also includes a detached one-and-a-half-car garage. The home is presently occupied by long-time tenants without leases. Initial appointments will be limited to viewing the basement and the exterior grounds.Set in a location offering a suburban-like quiet atmosphere, the property remains conveniently accessible to transportation, shopping, and schools. This is a compelling opportunity for end users, builders, or investors seeking to develop a new luxury two-family in a desirable setting.

Property Features

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