Cushman & Wakefield is pleased to announce that it has been retained on an exclusive basis to market 940-948 East 156th Street. Located in the Longwood neighborhood of the Bronx, the lots combine to offer 24,265 total square feet and feature 235’ of frontage on Leggett Avenue, 163’ of frontage on East 156th Street, 97’ of frontage on Kelly Street and 16’ of frontage on Dawson Street. The property is also located in the Longwood Historic District. The property is currently improved by one 7,410 square foot church and one 1,565 square foot religious facility. The property is zoned R7-1 with a residential FAR of 4.0 and a community facility FAR of 4.80 allowing a developer to build a project that boasts up to 116,472. The subject property offers extremely convenient access to major interstate highways such as I-87 and I-278. The property also is within walking distance to multiple subway stops including the 2 & 5 trains located at the Prospect Avenue Station, as well as the 6-train located at the Longwood Avenue Station. Prospect Avenue offers a 27-minute trip to Grand Central, and Longwood Avenue offers a 29-minute trip to Grand Central. With its incredible location and significant development scale, 940-948 East 156th Street provides an amazing opportunity for an investor to be a part of the unparalleled transformation taking place in the Bronx.
