• Close proximity to a plethora of mass transit options • Future development potential with ± 21,000 ZFA • Located in a designated Opportunity Zone
964-968 East 167th Street, Bronx, NY 10459
The subject property consists of three (3) contiguous buildings that contain eight (8) residential units and two (2) commercial units. This property offers 58 feet of frontage on East 167th Street in an area that is undergoing rapid redevelopment. 964-968 East 167th Street offers a spectacular redevelopment opportunity to the right investor. The Property is in a recently designated Opportunity Zone, allowing for a long term holder to defer and even eliminate capital gains tax. The Property is well located, within walking distance of three different subway lines: the 2, 5, and 6. 968 East 167th Street is equipped with a driveway that leads to garages in the rear yards of the contiguous buildings.