This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
298 W 231st St
Bronx, NY 10463
Property For Lease
PROPERTY FACTS
| Property Type | Retail | Year Built | 1960 |
| Gross Leasable Area | 52,900 SF | Parking Ratio | 2.4/1,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 52,900 SF |
| Year Built | 1960 |
| Parking Ratio | 2.4/1,000 SF |
ABOUT THE PROPERTY
The offering presents a unique opportunity for a mixed-use development with over 200 residential units, commercial and community facility space. There is consideration by ownership to divide the site into two projects and possibly retain up to 20,000 square feet of retail space on the ground floor, plus storage and parking to be determined. The Site is located within the FRESH Program eligibility area for financial incentives such as a real estate tax abatement, sales tax exemption on materials and a mortgage recording tax deferral. Additional tax abatement programs include the Industrial & Commercial Abatement Program (ICAP) for commercial construction and the Affordable New York Housing Program for residential.
