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60 Buchanan Pl
Bronx, NY 10453
Land For Sale · 0.06 AC

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use Apartment Units
Total Lot Size 0.06 AC
Zoning R7-1

Description

Welcome to an extraordinary opportunity in the heart of University Heights, Bronx. This development site comes with fully approved plans to construct an 11-unit residential building, presenting an incredible prospect for developers and investors alike. This shovel-ready project provides a clear path to commence construction immediately, saving time and energy typically spent navigating planning approvals and bureaucratic red tape. The site is perfectly poised to meet the increasing demand for residential units in this vibrant and thriving neighborhood. Though the site is not currently 421a approved, the already-approved plans present a significant value proposition. The potential for a multi-unit residential building in this sought-after locale cannot be overstated. University Heights is a neighborhood on the rise, known for its close-knit community, and proximity to amenities, public transportation, and the city's top academic institutions. With increasing interest in the area, the completed project will undoubtedly attract a high level of interest from prospective tenants. This is a rare offering that combines a prime location with the freedom and ease of approved development plans. Don't miss the chance to create a significant imprint in one of Bronx's most exciting neighborhoods and capitalize on this unique investment opportunity. Email me for quickest response.

  • Listing ID: 28503453

  • Date on Market: 5/16/2023

  • Last Updated:

  • Address: 60 Buchanan Pl, Bronx, NY 10453

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