946 Gerard Ave, New York, NY 10452

Description

Discover a rare single-family home in NYC—an exceptional alternative to cooperative living and an incredible opportunity for both end users and developers. Enjoy unmatched privacy with no upstairs or downstairs neighbors, plus the freedom of true homeownership without monthly co-op maintenance fees. A private backyard offers a sought-after city luxury, perfect for pets, gardening, or outdoor relaxation.

For savvy investors and builders, this property delivers tremendous upside. Positioned on an R8-zoned lot and delivered completely vacant, the site presents a prime canvas for redevelopment, expansion, or a ground-up project, allowing you to capitalize on the neighborhood’s continued growth and strong demand. Whether you're looking to create additional units, a modern multi-family building, or a long-term hold with increased density, this zoning unlocks significant value.

For everyday buyers, this home offers affordability that often beats the cost of renting a comparable apartment—bringing attainable ownership within reach. Located steps from transportation, highways, shopping, parks, and local amenities, convenience is second to none. Roll out of bed and directly into the 161 St–Grand Concourse subway station, served by the B, D, and 4 trains, providing seamless access to Manhattan and beyond.