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1517 Adee Ave - Bronx Development Site 0.05 Acres of Commercial Land Offered at $275,000 in Bronx, NY 10469
INVESTMENT HIGHLIGHTS
- Close to Bay Plaza, Haffen Park, and Eastchester Library
- Nearby retail includes Walgreens, Staples, Macy's, Burlington and many more.
EXECUTIVE SUMMARY
Premiere Real Estate Group Inc. presents the exclusive opportunity to purchase a vacant lot located at 1517 Adee Avenue in the Baychester neighborhood of the Bronx. The site a 25’ x 95’ lot within the R4-1 zoning district. The site offers the opportunity to construct an approximately 2,375 square-foot detached two-family home.
New City of Yes zoning with new FAR 1, the buildable would be 2,375 BSF.
The property is situated just off East Gunhill Road, a busy thoroughfare lined with store, restaurants and banks. The location of the property benefits from the immediate access to The Mall at Bay Plaza, a major shopping and dining corridor with numerous retailers and restaurants. Some of the retailers include the Apple
Store, JCPenney, DSW, Burlington, Raymour & Flanigan and Macy’s. Commuter residents in the area also benefit from the convenient access to the 5 subway line at the Gunhill Road Station, the Hutchinson River Parkway and the Interstate 95.
New City of Yes zoning with new FAR 1, the buildable would be 2,375 BSF.
The property is situated just off East Gunhill Road, a busy thoroughfare lined with store, restaurants and banks. The location of the property benefits from the immediate access to The Mall at Bay Plaza, a major shopping and dining corridor with numerous retailers and restaurants. Some of the retailers include the Apple
Store, JCPenney, DSW, Burlington, Raymour & Flanigan and Macy’s. Commuter residents in the area also benefit from the convenient access to the 5 subway line at the Gunhill Road Station, the Hutchinson River Parkway and the Interstate 95.
PROPERTY FACTS
| Price | $275,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 0.05 AC |
| Property Type | Land | ||
| Zoning | R4-1 - low density residential infill. R4-1 FAR: 1 | ||
| Price | $275,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Single Family Development |
| Total Lot Size | 0.05 AC |
| Zoning | R4-1 - low density residential infill. R4-1 FAR: 1 |
1 LOT AVAILABLE
Lot
| Price | $275,000 | Lot Size | 0.05 AC |
| Price Per AC | $5,043,835.52 |
| Price | $275,000 |
| Price Per AC | $5,043,835.52 |
| Lot Size | 0.05 AC |
The site is a 25’ x 95’ lot within the R4-1 zoning district. City of Yes new FAR 1 would be new buildable SF at 2,375 SF. The site offers the opportunity to construct an approximately 2,375 square-foot detached two-family home.
DESCRIPTION
Prime Baychester, Bronx Development Site in Prime Baychester, Bronx | R4-1 Zoning | 25'x95' | Can Build 2,137 SF Approx. | Price: $229,000
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Walk Score®
Very Walkable (87)
Transit Score®
Excellent Transit (85)
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1517 Adee Ave - Bronx Development Site
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