Land For Sale
Goldenwood Property Advisors has been retained on an exclusive basis to arrange for the sale of 964-968 East 167th Street in the Bronx. 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 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.