615 Baker Avenue

Stephen P. Wald Real Estate Associates, Inc. has been exclusively retained to represent the sale 615 Baker Avenue. Located on a quiet, and charming tree lined block in the Van Nest neighborhood of the Bronx, this unattached separately metered legal 2 family town home offers tremendous upside to both users and investors. The building includes a large basement with double height ceilings coupled with a separate entrance that offers the potential to convert the property to a 3 family home. The first floor is currently configured as a 3 bed with 1 bathroom, and the second floor is laid out as a 4 bedroom with 1 bath. Sitting on a 25x100ft lot, the home is comprised of approximately 1,592 Sqft of living space with ample room for expansion . The properties large backyard offers great potential for picturesque landscaping or an addition due to the fact the lots FAR is not fully built. Most of the homes on the street have seen recent renovations and are commanding strong market rent rolls. Bring your architect, TLC and vision! This residential enclave boasts a great location. It is ideally situated within walking distance to the 2 and 5 express trains along with Morris Park Avenue?s shops, grocery stores, banks, restaurants and other everyday conveniences. It is in close proximity to the Bronx Zoo, New York Botanical Garden and Bronx Terminal Market. Yearly Expenses: Taxes- $3,759 Heat-$7,200 Insurance-$1,300 water-$1,200