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659 East 239th Street - Availability Details

659 East 239th Street, Bronx, NY 10470

  • For Sale $3,500,000
  • City Bronx
  • Neighborhood Wakefield
  • Zip Code 10470
  • Market Bronx
  • Property Type Special Purpose
  • Property Size 12,257 Sqft
  • Date Updated 09 Jun, 2021

Ariel Property Advisors presents 659 East 239th Street, a rare opportunity to acquire a turnkey religious facility or potential redevelopment opportunity in the Wakefield section of the Bronx. Spanning the northern blockfront of East 239th Street between Matilda Avenue and Richardson Avenue, the subject property consists of a 39,012 sq. ft. lot (approx.) that will be subdivided by ownership and delivered vacant.

The property is improved by two structures. The first is a church with a rectory that encompasses approximately 12,257 gross square feet, of which approximately 5,900 sq. ft. is used as a sanctuary. Both are in fair condition and present an excellent opportunity for religious and non-profit organizations seeking an expansive community facility. The property is also improved by a 2-story, 7,544 sq. ft. (approx.) building that was formerly used as a convent, but this structure will require a gut rehabilitation.

Given the property’s R4A zoning and lot size, 659 East 239th Street offers developers approximately 35,000 buildable square feet with an attic allowance. This is an excellent opportunity to build multiple 1-2 story homes. Developers can also utilize the community facility bonus which will increase the total buildable square footage to approximately 78,024.

Located just two blocks from the 2 & 5 Subway on White Plains Road and a half mile from the MTA Harlem line, 659 East 239th Street benefits from an abundance of transportation options providing quick and easy access into Manhattan and the outer boroughs. Offering scale and a variety of potential uses, 659 East 239th Street is a prime opportunity for non-profits or developers. For more information, please contact our exclusive sales team listed below.

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Contacts

broker

Michael A. Tortorici

Ariel Property Advisors

(212) 544-9500 x 13

broker

James Nestor

Ariel Property Advisors

(212) 544-9500 x 86

broker

Shimon Shkury

Ariel Property Advisors

(212) 544-9500 x 11

broker

Jason M. Gold

Ariel Property Advisors

(212) 544-9500 x 22

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