$599,999
56 Hunt Avenue
Yonkers, NY 10710
3
Beds
2
Baths
1,700
Square feet
1940
Built
Listing narrative
Description
Diamond in the Rough | Investor & Developer Opportunity | 56 Hunt Ave | $599,99 A true “Diamond in the Rough” with tremendous potential for investors, developers, contractors, or buyers looking to create substantial value. Offered at $599,999, 56 Hunt Ave presents a unique opportunity to acquire an existing home together with additional lot space totaling approximately 5,000 square feet. The existing standing property is approximately 1,700 square feet, including the basement, and requires a full gut renovation. The renovation will include bringing the electrical system up to current code, along with updates such as fresh paint, flooring, doors, windows, kitchen appliances, and other cosmetic and functional improvements. What truly sets this property apart is the Additional approximately 5,000 square feet of combined lot space that comes with it . It is uncommon to find an opportunity with this amount of land and the potential to renovate the existing home while exploring the possibility of constructing a second family residence on the additional lot space, subject to zoning, permits, approvals, and buyer due diligence. The property has had only one owner and offers multiple potential avenues for value creation. An investor could renovate and modernize the existing home while simultaneously exploring the development of an additional family residence. Once completed, the two properties could potentially be marketed separately, creating the opportunity for significant equity and return on investment. The value proposition is clear: acquire, renovate, develop, and maximize the property’s potential. With the right vision and execution, this could be an opportunity to recapture the initial investment and potentially generate additional profit, subject to construction costs, market conditions, zoning, approvals, and final resale values. 56 Hunt Ave is not your typical renovation project. It is a rare land-and-development opportunity for a buyer who can see beyond the current condition and recognize the potential. Offered at $599,999. Buyers are strongly encouraged to conduct their own independent due diligence regarding zoning, buildable area, property lines, permits, approvals, construction feasibility, and development potential.
Property Details
Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.
Price
$599,999
Beds
3 bd
Type
House
Home Size
1,700 sqft
Baths
2
Lot Size
2,561 sqft
Year
1940
Status
For Sale
Days on Market
55
$ / Sqft
$353
Verified property data
Value, tax & last recorded sale
Estimated home value
Not available
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Public records are available on the full property page.
No record values are inferred or fabricated.
Full MLS property history
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Courtesy of Real Broker NY LLC





