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1401 Bronx River AveBronx, NY 10472
1401 Bronx River Ave-Development Site
Asset ClassLand
Square Feet34,884
Mixed-Use Development Site with Light and Air on all sides
overview of deal

Overview

• A development site which has an as-of-right zoning entitlement to 30,913 SF of residential space and 3,971 SF of commercial space for a total ZFA of 34,884 SF.

• Currently on-site is a (1) story retail building consisting of 6 retail spaces adjacent to a vacant lot. The owner is dividing the property into two tax lots and transferring all the development rights to the new lot and giving a light and air easement above the one story retail property.

• The development site is split into two zoning districts, C2-2/R6 and C8-1. See second page for the plot plan.

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1401 Bronx River AveBronx, NY 10472

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