3149 Buhre Ave 0.07 Acres of Commercial Land Offered at $2,000,000 in Bronx, NY 10461

Lot Dimensions: 30.58 ft x 106.25 ft. Zoning is R7-1. Buildable SF As of Right is 12,996 SF with FAR 4.0 (wide street). Can go even higher on total buildable SF using Voluntary Qualifying Affordability Housing Bonus: 16,277 SF buildable on FAR of 5.01. Bonus allows 937 SF of QA housing and 2,344 SF of addition standard housing . Lot coverage of 100% is required, as well as a 30ft rear yard. Located on a wide street, conveniently near the 6 train, and Bruckner Expressway. Parking requirements can be waived under the QA housing bonus. There is a nearly 100-unit active site on the next block, with other neighboring development projects in the stages of planning, on going or completed. Investment highlights LOT SF: 3,249 ZONING: R7-1 FAR BASIC: 4 (wide street) FAR w/ HOUSING BONUS: 5.01 (QA housing) BUILDABLE 16,277 SF (w/ housing bonus) DU FACTOR: 680 UNITS ALLOWABLE: 19 (basic) - 24 (bonus) AFFORDABLE HOUSING BONUS SF: 937 SF STANDARD BONUS SF: 2,344 SF MAX HEIGHT ALLOWABLE: 115 FT NO SET BACKS UNTIL 9TH FLOOR 30 FT REAR YARD REQUIRED PARKING WAIVED W/ QA HOUSING BONUS AREA VACANCY RATE: 5.5% WIDE STREET THIS IS A BROKER PRICE OPINION OR COMPARATIVE MARKET ANALYSIS OF VALUE AND SHOULD NOT BE CONSIDERED AN APPRAISAL. This information has been secured from sources would believe to be reliable but we make no representations or warranties Express or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bear all risks for any inaccuracies