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1157-1159 E Tremont Ave
Bronx, NY 10460
Land For Sale
·
0.10 AC
Investment Highlights
- Size 4,480 SF assemblage across three lots | Zoned M1-1 on 100' wide street
- Available Plans Plans for a one-story commercial building with 1-3 retail spaces totaling 4,456 SF (ICAP eligible)
- Dual Street Access Lot assemblage offers two points of access to the property on both East Tremont and Bronx Park Avenues
- Buildable Capacity Up to 4,480 BSF for commercial or 10,752 BSF with community facility
- Excellent Transit Proximity 4-minute walk to the 2 / 5 subway lines at East 180th Street and 6-minutes to West Farms Square station
Executive Summary
RIPCO Real Estate has been retained on an exclusive basis to arrange for the sale of 1157-1159 East Tremont & 416 Bronx Park Avenue, a three-lot vacant development site located on the north side of East Tremont Avenue between Bronx Park and Morris Park Avenues in the West Farms section of the Bronx. The 4,480 square foot assemblage (Block 4007, Lots 20, 21 & 58) is zoned M1-1 on a wide street, permitting up to 4,480 buildable square feet for commercial (1.00 FAR) or 10,752 buildable square feet with community facility (2.40 FAR). The owner has plans for a one-story, ICAP-eligible commercial building with one to three retail spaces, and the site benefits from excellent visibility along the East Tremont retail corridor, minutes on foot from the 2/5 trains at East 180th Street and West Farms Square–East Tremont Avenue.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.10 AC |
| Property Type | Land | ||
| Zoning | M1-1 | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.10 AC |
| Zoning | M1-1 |
1 Lot Available
Lot 1
| Price | $1,295,000 | Lot Size | 0.10 AC |
| Price Per AC | $12,591,641.87 |
| Price | $1,295,000 |
| Price Per AC | $12,591,641.87 |
| Lot Size | 0.10 AC |
VACANT LAND Assemblage FOR COMMERCIAL OR POTENTIAL MIXED-USE DEVELOPMENT
Description
This development site is available. The property features 21,500 buildable square feet.
Property Taxes
| Parcel Number | 04007-0021 | Improvements Assessment | $0 |
| Land Assessment | $15,840 | Total Assessment | $15,840 |
Property Taxes
Parcel Number
04007-0021
Land Assessment
$15,840
Improvements Assessment
$0
Total Assessment
$15,840
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