This Unit Is Not Available (Sold)
$ 2,300,000
5,000 ft2
Tax (Monthly):
$2,902
--LAND FOR SALE - MELROSE - THE BRONX
BOND New York has been retained on an exclusive basis to arrange for the sale of 407- 409 East 158th Street, in Bronx, New York, a 50’ x 100’ empty lot located on the north side of 158th Street between Elton Avenue and Melrose Avenue, in the Melrose neighborhood of the South Bronx.
407- 409 East 158th Street is zoned R8 with C1-4 overlay and can support 34,094 residential sf. The land is being sold with architecture plans for a 12 story building with 44 units .Proposed development is 70% market rate and 30% affordable housing structure using 421a abatement. Zoning analysis, survey, and Phase 2 included in sale.
Melrose is an up-and-coming multi-cultural and vibrant neighborhood north of Mott Haven that has had record levels of investment and new development over the last 10 years. Great transportation and access to Manhattan make this area a strong long-term investment.
Street Block 2380
Lot 0035, 0036
Lot Dimensions 50' x 100' (irregular)
Lot Size 5,000 SF (approx.)
Zoning C1-4, R8, R7-2
Residential FAR* 6.8
Total Buildable Residential SF 34,132
Assessment (20/21) $13,708
Taxes (20/21) $2,902
Zoning Analysis Available
BOND New York Properties is a licensed real estate broker that proudly supports equal housing opportunity.
BOND New York has been retained on an exclusive basis to arrange for the sale of 407- 409 East 158th Street, in Bronx, New York, a 50’ x 100’ empty lot located on the north side of 158th Street between Elton Avenue and Melrose Avenue, in the Melrose neighborhood of the South Bronx.
407- 409 East 158th Street is zoned R8 with C1-4 overlay and can support 34,094 residential sf. The land is being sold with architecture plans for a 12 story building with 44 units .Proposed development is 70% market rate and 30% affordable housing structure using 421a abatement. Zoning analysis, survey, and Phase 2 included in sale.
Melrose is an up-and-coming multi-cultural and vibrant neighborhood north of Mott Haven that has had record levels of investment and new development over the last 10 years. Great transportation and access to Manhattan make this area a strong long-term investment.
Street Block 2380
Lot 0035, 0036
Lot Dimensions 50' x 100' (irregular)
Lot Size 5,000 SF (approx.)
Zoning C1-4, R8, R7-2
Residential FAR* 6.8
Total Buildable Residential SF 34,132
Assessment (20/21) $13,708
Taxes (20/21) $2,902
Zoning Analysis Available
BOND New York Properties is a licensed real estate broker that proudly supports equal housing opportunity.
Lot Size: 5000 SF
Total Rooms: 2
