668 E 222nd St - Churches FOR SALE


Bronx, NY 10467
$1,700,000 USD
917-596-3067
668 E 222nd St, Bronx, NY for Sale
$1,700,000 USD
Churches - FOR SALE
1/18
null | Request Cap Rate

668 E 222nd St
Bronx, NY 10467


HIGHLIGHTS

  • Strategically positioned near major transportation routes, including the Bronx River Parkway.

OVERVIEW

ACCEPTED OFFER - No showings. Versatile Property with Endless Potential for End Users or Investors in the Bronx, NY. Discover a unique opportunity at 666-668 E 222nd St, a property with immense potential catering to both end users and savvy investors. Nestled in the heart of Olinville neighborhood in the Bronx, this building currently serves as a house of worship for the Bronx Full Gospel congregation, but its versatility opens the door to various possibilities. Prime Location: located in the desirable Olinville neighborhood, the property is strategically positioned near major transportation routes, including the Bronx River Parkway. Enjoy easy access to Gun Hill Rd subway stops (2,5), 225th St subway station (2,5), the Bx39 bus route, and Woodland and Williams Bridge Metro North Train Stations. Flexible Usage: With a Certificate of Occupancy designating the second and third floors as Single Room Occupancy (SRO) units, the property accommodates various potential uses, making it well-suited for an end user seeking a unique space for residence or community purposes. The sanctuary located on the ground floor has a capacity of 150 people and the property boasts a full height basement that is used as a reception lounge for post service activities and meals. Investment Potential: For investors and developers, this property offers approximately 1,397 sqft of unused air rights, providing a canvas for creative redevelopment projects. The R5A zoning allows for one- and two-family detached residences, maximizing the property's investment potential. This property is ideal for end users - Individuals or organizations looking for a distinctive space with historic charm, whether for residential purposes or community-centric activities.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$283 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

-

YEAR BUILT

1928

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,752 SF

ZONING

R5A

APN/PARCEL ID

04656-0024

ASK ABOUT THIS PROPERTY

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917-596-3067

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917-596-3067

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