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216 E 175th St - 216 E 175th St 0.1 Acres of Commercial Land Offered at $4,800,000 in Bronx, NY 10457
Executive Summary
The property is a 45' by 95' corner lot improved with a 3-story mixed-use building totaling approximately 5,660 GSF, located at the
southwest corner of East 175th Street and Monroe Avenue in the Mount Hope section of the Bronx. The site is zoned R8 along a
narrow street, supporting up to approximately 40,066 BSF of as-of-right residential development, 46,450 BSF for community
facility use, or up to 55,760 BSF under the City of Yes for Housing Opportunity text amendment. The offering is further enhanced by
available air rights, inclusive of additional development rights from the adjacent 1790 Weeks Avenue.
southwest corner of East 175th Street and Monroe Avenue in the Mount Hope section of the Bronx. The site is zoned R8 along a
narrow street, supporting up to approximately 40,066 BSF of as-of-right residential development, 46,450 BSF for community
facility use, or up to 55,760 BSF under the City of Yes for Housing Opportunity text amendment. The offering is further enhanced by
available air rights, inclusive of additional development rights from the adjacent 1790 Weeks Avenue.
Property Facts
| Price | $4,800,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 0.10 AC |
| Property Type | Land | ||
| Zoning | R8 - High Density Residential | ||
| Price | $4,800,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.10 AC |
| Zoning | R8 - High Density Residential |
1 Lot Available
Lot
| Price | $4,800,000 | Lot Size | 0.10 AC |
| Price Per AC | $48,909,720.81 |
| Price | $4,800,000 |
| Price Per AC | $48,909,720.81 |
| Lot Size | 0.10 AC |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
70/100
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