Rare development opportunity located in the Highbridge section close to Manhattan.


Property

Website:https://www.nestseekers.com/5601987
Address:
New York, NY 10452
Ownership: For Sale
Type: Single Family
Rooms: 7
Bedrooms: 4 BR
Bathrooms:
Lot Size: 0.1 Acres

Financials

Price:$1,200,000
Annual Taxes:$1,745.76

Description

Rare development opportunity located in the Highbridge section close to Manhattan. The existing lot measures 38.5 x 74 and is zoned R7-1, offering outstanding development potential. An architectural zoning analysis verified by a licensed architect confirms the potential to build approximately 14,273 square feet of residential space or develop senior housing, giving builders multiple options. Conveniently located near the 4, B, and D train lines, multiple MTA bus routes, Metro-North at Yankees–East 153rd Street Station, and major roadways including the Major Deegan Expressway (I-87) and Cross Bronx Expressway. Close to Yankee Stadium, the Bronx Museum of the Arts, Bronx Terminal Market, Highbridge Park, and an array of shops and eateries. One of the Bronx's fastest-growing neighborhoods, this is an excellent opportunity to capitalize on the area's continued growth.

Amenities

  • Eat-in Kitchen
  • Electricity Connected
  • Entrance Foyer
  • First Floor Bedroom
  • Formal Dining
  • Oven
  • Refrigerator
  • Sewer Connected
  • Water Connected

Contact

505 Park Ave, New York, NY 10022
Listing Courtesy of Real Broker NY LLC