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- LoopNet Team
417 Wales Ave
Bronx, NY 10455
Land For Sale
·
0.11 AC
INVESTMENT HIGHLIGHTS
- Mott Haven Development Site
- Corner Lot
- Near Transportation
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.11 AC |
| Property Subtype | Commercial | No. Stories | 3 |
| Proposed Use | |||
| Zoning | M1-2 - M1-2 Zoning is a Light Manufacturing Zoning district in NYC. | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.11 AC |
| No. Stories | 3 |
| Zoning | M1-2 - M1-2 Zoning is a Light Manufacturing Zoning district in NYC. |
DESCRIPTION
Single Family on a corner lot in Mott Haven is being sold as a development site. The property sits on the corner of E. 144th St & Wales Ave. The subject property is situated on a 47.26 X 100 Lot. Zoning is M1-2 providing a FAR of 2(as of right), and a FAR of 4.8 w/community facility. This allows for 9,452(approx.) and 22,684(approx.) of Buildable Sq Ft. Property sits one block from the E. 143rd #6 train station, and the Bruckner Expressway, giving you quick access to your commute. It is also located in an Opportunity Zone, providing investors the financial benefits that the program offers. With all the recent, current, and future development in this neighborhood, this asset provides a great opportunity for a developer to take part of the ever changing landscape of the South Bronx.
PROPERTY TAXES
| Parcel Number | 02577-0024 | Improvements Assessment | $16,240 |
| Land Assessment | $8,372 | Total Assessment | $24,612 |
PROPERTY TAXES
