357 16th Ave

Description

A flexible residential opportunity in Irvington's R-2 zone, offering multiple paths for both end-users and investors. Currently configured with a second-floor residential apartment and a street-level space previously used for commercial purposes, the property is well positioned for repositioning. Based on guidance from the Township of Irvington zoning office, the lower level may be converted to residential use with the addition of garage parking subject to buyer due diligence and approvals. This creates several potential use cases: 1) Owner-occupant seeking a live/work setup or future two-unit configuration 2) Investor looking to create a 2-family income-producing property or 3) Value-add buyer seeking to reposition and increase long-term returns The current layout includes: Second-floor three-bedroom apartment with updated finishes, Ground-level open space with basement storage, Separate utilities, allowing for flexible use and income potential For those exploring further upside, there may also be the potential to expand vertically or reconfigure the layout to increase residential density, subject to township approvals. Located just off Grove Street with convenient access to major transportation routes and neighborhood amenities, the property is well positioned for both immediate use and long-term value creation. Buyers are responsible for verifying all zoning, use, and conversion requirements with the Township of Irvington.