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2991 Webster Ave 3,330 SF Retail Building Bronx, NY 10458 $3,200,000 ($960.96/SF)
INVESTMENT HIGHLIGHTS
- Prime Bedford Park location
EXECUTIVE SUMMARY
Located on the west side of Webster Avenue between Bedford Park Boulevard and East 201st Street, this one-story 3,300 SF property sits on a 6,038 SF lot with 50 feet of frontage. There is one tenant on the property with an expiration date of June 2027.
Zoned R7D/C2-4, the property offers up to 28,137 buildable square feet base residential, 33,813 buildable square feet (UAP), and allows commercial, and community facility use. Its prime location and zoning flexibility make it an excellent opportunity for mixed-use, residential, or community facility development.
Zoned R7D/C2-4, the property offers up to 28,137 buildable square feet base residential, 33,813 buildable square feet (UAP), and allows commercial, and community facility use. Its prime location and zoning flexibility make it an excellent opportunity for mixed-use, residential, or community facility development.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,330 SF
Building Class
B
Year Built
1925
Price
$3,200,000
Price Per SF
$960.96
Tenancy
Single
Building Height
1 Story
Building FAR
0.55
Lot Size
0.14 AC
Zoning
R7-1/C2-2 - R7: Medium-density apartment house district with lower parking requirements
C2: Commercial district predominantly residential in character
Frontage
62’ on Webster Ave
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Luz Electric & Control Systems, Inc.
- Construction
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Luz Electric & Control Systems, Inc. | Construction | - | - | - |
Walk Score®
Very Walkable (77)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (73)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 03280-0042 | Improvements Assessment | $219,420 |
| Land Assessment | $45,000 | Total Assessment | $264,420 |
PROPERTY TAXES
Parcel Number
03280-0042
Land Assessment
$45,000
Improvements Assessment
$219,420
Total Assessment
$264,420
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2991 Webster Ave
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