A/O. Prime high-density development opportunity on the Grand Concourse. Mixed-use site featuring a building (to be demolished) and an empty irregular lot measuring approximately 78.23'' x 109.14'' with an existing building footprint of approximately 74'' x 59.08''. Zoned R8 General Residence District with FAR / Max FAR: 1.200 / 6.020, offering substantial residential buildable potential (subject to approvals). Development narrative supports the ability to accommodate two towers with approximately 100 units each, creating a rare scale opportunity along one of the Bronxâ??s most prominent corridors. Existing structure classified P5 â?? Community Center, allowing for redevelopment or repositioning strategies. Ideally located near the East Tremont stop of the uptown MTA D train, providing strong transit access and tenant demand. Property delivered AS-IS. A/O
Details:
Property Type:
House
Acres:
0.20
School District:
Contact Agent
Financials:
Price:
$7,500,000
Taxes:
$5,469
Charles Rutenberg Realty, Inc. Danny B. Agboh Office: 718-994-4002
