Development opportunity on Clay Avenue. This three-story brick three-family sits on a 24.75 x 90 lot in an R7-1 zone, and the existing building has potential to be converted to 10 apartments. The conversion would be interior work, with no addition and no ground-up construction, so the buyer gets a faster, lower-cost route to a 10-unit rental building. The block has seen strong investor and developer activity. Close to the B/D trains at 170th Street, the Bx41 on Webster Avenue, the Grand Concourse and Claremont Park, with steady rental demand in the area. Bring your architect and your vision. Buyer to verify zoning, unit count and all development figures.

Property Details of 1348 Clay Avenue, Mt. Eden

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Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of November 10, 2026 11:36 AM EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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