99 Rochelle Street, Bronx, NY 10464

Property Description

Exceptional redevelopment opportunity in City Island. 99 Rochelle Street features a bungalow/cottage currently considered a tear down, offering investors, builders, and developers the chance to unlock the full potential of this sought after location. This property is not being sold separately and is included as part of a three property package consisting of 99, 101, 103 Rochelle Street. Total asking price for all three properties is $999,000. The package includes multiple residential parcels plus an option to include the rare bonus of 83 Rochelle Street (additional $250,000), a vacant direct waterfront lot. Together, this assemblage presents a unique chance to redevelop, renovate, or create a larger scale residential project in one of New York City’s most distinctive waterfront communities. Zoning is reported as R3A with the Special City Island overlay. Buyers are encouraged to consult their architect, engineer, and attorney regarding permitted uses, density, FAR, and redevelopment potential. Located in highly desirable City Island, enjoy a neighborhood known for marinas, waterfront dining, and a coastal village atmosphere while remaining within New York City. All information is deemed reliable but not guaranteed. Buyers should independently verify zoning, dimensions, condition, permits, and development potential.