- Corner vacant lot to be delivered with approved plans for a 40,607 SF (31,665 SF residential and 8,942 SF commercial), six story apartment building consisting of 50 apartments, retail on the ground floor and a community facility in the basement
- Located two blocks from various stations that service the Bx1, Bx2, Bx26, and Bx34
- Walking distance to the Kingsbridge Rd [D, 4] station
- Price – $ 3,500,000
- Price PBSF- $ 86.19
E 198th Street Bronx, NY 10458
$3,500,000.00
Details
- Corner vacant lot to be delivered with approved plans for a 40,607 SF (31,665 SF residential and 8,942 SF commercial), six story apartment building consisting of 50 apartments, retail on the ground floor and a community facility in the basement
- Located two blocks from various stations that service the Bx1, Bx2, Bx26, and Bx34
- Walking distance to the Kingsbridge Rd [D, 4] station
- Price – $ 3,500,000
- Price PBSF- $ 86.19
Additional Information
| Asset Type | Development |
|---|---|
| City | Bronx |
| Neighborhood | Fordham |
| Broker | Yuriy Ustoyev |
| Price | $ 3,500,000 |
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J51 Abatement in place, 15 years remaining. New tiles, bathrooms, kitchen works, lighting, etc. Boiler installed in each unit, not under Landlord maintenance. Easy access to Jackie Robinson Expy, Van Wyck Expy and public transportation
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Property is currently 100% leased
Strong retail corridor with heavy foot and car traffic on both sides of the streets
All tenants have 3% annual rental increases -
Development Opportunity on Findlay Avenue, Bronx. Grant Park and Claremont Park are walking distance from the property. Webster Ave retail corridor is 3 blocks away from the property. Train station on 170th St. is walking distance.
