961 Cauldwell Ave Bronx, NY 10456
Morrisania NeighborhoodEstimated payment $1,563/month
About This Lot
Development Opportunity – Corner Lot in the Bronx
18' x 60' corner property located in a quite neighborhood with R6 zoning. This development site allows you to build up to 2,376 sq ft of residential space, suitable for a three-family building with two bedrooms in each unit.
Key Highlights: R6 Zoning – build up to 2,376 sq ft Three-Family Design – 2BR apartments with excellent layouts Two Parking Garages – added convenience and value Corner Property – abundant natural light from multiple exposures Strong Rental Potential – each unit can rent at Section-8 rate for approx. $3,058/month Projected Annual Rental Income: $110,088 Investment Return – recoup your investment within ~7 years Comparable Sales – similar newly built properties in the area sell for $1.1M or more This is a straightforward buy, build, and flip opportunity. Perfect for developers and investors looking for a high-yield project in a growing area. Act now.
Listing Agent
Jupiter Properties Inc Brokerage Phone: 917-577-9362 License #10311203410 Listed on: 08/05/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $159
Lot Details
- 1,080 Sq Ft Lot
- Corner Lot
Schools
- Ps 126 Dr Marjorie H Dunbar Elementary School
- Science And Technology Academy: A Mott Hall Middle School
- Academy For Language And Technology High School
Utilities
- Sewer Not Available
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/01/2025 12/01/25 | Price Changed | $295,000 | -1.3% | -- |
| 10/21/2025 10/21/25 | Price Changed | $299,000 | +4.9% | -- |
| 08/05/2025 08/05/25 | For Sale | $285,000 | -- | -- |
Source: OneKey® MLS
MLS Number: 897956
- 1047 Trinity Ave
- 1100 Jackson Ave
- 1102 Jackson Ave
- 1162 Franklin Ave
- 585 E 167th St
- 1128 Forest Ave
- 770 E Jackson Ave NE
- 799 E 163rd St
- 879 Cauldwell Ave
- 801 E 163rd St
- 900 Union Ave Unit C
- 898 Union Ave Unit C
- 46 Third Ave
- 843 E 167th St
- 1266 Boston Rd
- 1236 Prospect Ave Unit 1A
- 852 Home St Unit 2F
- 837 Washington Ave Unit 4B
- 837 Washington Ave Unit 2G
- 837 Washington Ave Unit 8P
- 767 Home St
- 1062 Clay Ave Unit 2B
- 811 E 168th St Unit 2
- 415 E 160th St
- 315 E 163rd St
- 947 College Ave Unit 7C
- 947 College Ave Unit 8E
- 299 E 161st St Unit 903
- 299 E 161st St Unit 614
- 299 E 161st St Unit 504
- 299 E 161st St Unit 708
- 299 E 161st St Unit 607
- 299 E 161st St Unit 1014
- 299 E 161st St Unit 804
- 299 E 161st St Unit 1015
- 299 E 161st St Unit 807
- 299 E 161st St Unit 309
- 299 E 161st St Unit 915
- 299 E 161st St Unit 707
- 299 E 161st St Unit 814