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Previous Description:
Prime development opportunity in the heart of Irvington. Located at 249 21st Street, this vacant lot previously housed a three-family residence that was removed due to fire damage. The lot has been cleared and is ready for new construction. Title work has already been completed. This property is situated in one of Irvington's fastest-growing investment corridors, where newly constructed three-family homes are selling between $850,000 and $950,000+. This is an ideal opportunity for homeowners, builders, and investors looking to capitalize on strong market demand and long-term rental income potential. An outstanding tax lien of approximately $140,000 must be satisfied by the purchaser prior to closing. A minimum deposit of $10,000 will be required upon acceptance of an offer. The property is being sold strictly as-is, with no contingencies, permits, plans, or approvals included. Don't miss this rare chance to secure a valuable development site in a neighborhood experiencing steady appreciation fueled by local investment and proximity to major transit routes into New York City and less than 5 minutes away from Garden State Parkway.
Updated Description:
Prime development opportunity in the heart of Irvington. Located at 249 21st Street, this vacant lot previously housed a three-family residence that was removed due to fire damage. The lot has been cleared and is ready for new construction. The title work has already been completed. This property is situated in one of Irvington's fastest-growing investment corridors, where newly constructed three-family homes are selling between $850,000 and $950,000+. This is an ideal opportunity for homeowners, builders, and investors looking to capitalize on strong market demand and long-term rental income potential. The outstanding tax lien will be settled by the seller out of the sellers sale proceeds. A minimum deposit of $10,000 will be required upon acceptance of an offer. The property is being sold strictly as-is, with no contingencies, permits, plans, or approvals included and the buyer is responsible for all municipal certifications. Pls conduct your own due diligence depending on your exit strategy with the city directly in relation to zoning and variance requirements. All offers under the list price will be declined due to the seller's financial liabilities and obligations.
