Description
Prime 2-Family with Development Potential Near Fordham Welcome to 2419-2421 Southern Blvda rare 2-family property set up as two individual townhomes, perfectly situated just steps from Fordham University, the Bronx Zoo, the Botanical Gardens, and the heart of Little Italy. This corner of the Bronx is buzzing with energy, and this property sits right in the middle of it all. Each duplex-style unit features private entrances and backyard access, creating a flexible setup for an owner-occupant or investor. With no shared interior space and a proven rental history, this is a turnkey opportunity. Average 2-bedroom rents in the area hover around $2,850/month, excluding utilities, and the layout here allows for even stronger returns. Whether renting long-term or catering to Fordham's student housing demand, the income potential is real. Zoned R7-1 with over 6,400 sq ft of unused FAR, the property offers a compelling path for future development. Preliminary renderings suggest the possibility of a 45-story building (subject to approvals). Whether you hold and rent, live in one unit, or build upward, this is your moment to invest in one of the Bronx's most dynamic neighborhoods.
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4BEDS
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0.06ACRES
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2BATHS
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01/2 BATHS
School Ratings & Info
Description
Prime 2-Family with Development Potential Near Fordham Welcome to 2419-2421 Southern Blvda rare 2-family property set up as two individual townhomes, perfectly situated just steps from Fordham University, the Bronx Zoo, the Botanical Gardens, and the heart of Little Italy. This corner of the Bronx is buzzing with energy, and this property sits right in the middle of it all. Each duplex-style unit features private entrances and backyard access, creating a flexible setup for an owner-occupant or investor. With no shared interior space and a proven rental history, this is a turnkey opportunity. Average 2-bedroom rents in the area hover around $2,850/month, excluding utilities, and the layout here allows for even stronger returns. Whether renting long-term or catering to Fordham's student housing demand, the income potential is real. Zoned R7-1 with over 6,400 sq ft of unused FAR, the property offers a compelling path for future development. Preliminary renderings suggest the possibility of a 45-story building (subject to approvals). Whether you hold and rent, live in one unit, or build upward, this is your moment to invest in one of the Bronx's most dynamic neighborhoods.
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