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368 East 152nd Street - Availability Details

368 East 152nd Street, The Bronx, NY 10455

  • For Sale $2,300,000
  • City The Bronx
  • Neighborhood Melrose
  • Zip Code 10455
  • Market Bronx
  • Property Type Land
  • Property Size 6,325 Sqft
  • Lot Size 6,325 Sqft
  • Parking Spaces Avail. 8
  • Parking Ratio 1.26/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Date Updated 09 Dec, 2020
  • Construction Type New

Empty lot (55' x 115') zoned R7-1 at 368 East 152nd Street, a quiet street in the Melrose neighborhood of the South Bronx. Prime location for residential development. Three blocks from Bronx HUB and subway station with #2, #5 trains (at 149th street and 3rd Ave.) Property is located on the south side of 152nd Street between Cortland and Melrose. R7-1  zoning has as-of-right potential for 21,823 SF Residential (FAR 3.44) or 30,451 SF building with Community Facility (FAR 4.8).  Area is up-and-coming Bronx residential neighborhood, with many restaurants, shops, and recreational amenities.  2 supermarkets, Starbucks, major banks, hardware store, Blink gym, community garden, Citybikes, and church within 3 block radius.  20 minute commute into midtown Manhattan.  Land is in Opportunity Zone + has potential for J-51 tax abatement. Very low carrying charges and property taxes. INCLUDED IN PURCHASE: approved architecture and engineering plans for 28 unit residential building with 8 parking spots and Community Facility, boorings, survey, Phase 1 environmental, electricity on the lot.  

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Location

  • City The Bronx, NY
  • Neighborhood Melrose
  • Zip Code 10455
  • Market Bronx

Contacts

broker

Michele Gambetta

BOND New York Properties

(646) 245-9801

Contact Listing Broker

broker

Michele Gambetta

BOND New York Properties

(646) 245-9801

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