Property is 25,219 Square foot Vacant 2 Lot Land Parcels available to a qualified buyer/developer to Develop according to proposed building plans that have not yet been approved a 7 Story Elevator Building with 95 to 100 Residential Apartments with 86,728+/-Residential Square Feet, Plus a Community Center containing 11,460+/- Square Feet, Plus a 13,500+/- Square Feet Enclosed Parking area with 73 Parking Spaces, Plus Bicycle parking for a Total of 111,688+/- Possible Buildable Square Foot. $19,871,611 Projected Resale Profit Acquisition, Development, Rental & Resale =58% Unleveraged ROI =41% Return on Equity Investment Proj. after Develop, Rent & Refinance $22,101,697 Projected Profit after Condominium Sellout =243% Proj ROI
Income / Business
Sperry Van Ness is proud to present this Mixed use property in the Eastchester section of the Bronx. The subject property is comprised of Lots: 50 & 46 on Block: 4761 Lot 50 has a lot area of 17,265 SF and includes two (2) buildings which will be delivered vacant: - 1475 Hammersley Ave is a 5,500 SF 2-story former day care facility - 3101 Eastchester Rd is a 4,600 SF 3-story converted* residential building being used as commercial (*Subject to verification of CO) In total, Lot 50 has an existing FAR of 10,104 with a remaining FAR of 2,844.75 - Lot 46 has a lot area of 7,952 SF which is undeveloped land with a remaining FAR of 5,964 - Lots 50 & 46 would have a FAR of 8,808.75 if combined Potential development scenario(s): - Four (4) single family homes (Four (4) units at 2,202 SF/Unit) - Three (3) two-family homes (Six (6) units at 1,468 SF/Unit)
$1,800,000Size Upon Req.
This property had plans approved for either a 149 passenger garage or 2 residential apartment buildings with parking. the buildings would consist of 24 units with parking in one building the second would be a 12 unit building with parking as well.
65,000-square-foot Industrial building on 165th St. Building entrance is on 166th St. and thru parking lot on 165th. Property Information65,000 SF Building + 40,000 SF LotIdeal for any vehicular, storage or manufacturing use8 drive-in doors -13 to 14
Douglas Elliman Commercial as exclusive agent for ownership, is pleased to offer for sale 735 E. 182nd Street, Bronx, NY 10457. The property has five stories, offering as built approximately 20,000 square feet above grade. Built in 1913 and under current ownership since 1976, the property is a 50G wide, 5-story building, consisting of twenty (20) leased residential units. The property benefits from its proximity to historic Bronx institutions and commercial areas, a desirable unit mix, and potential upside in the rents with some units currently renting at or below $1,000 per month. The residential units are configured as ten (10) two-bedroom apartments, five (5) three-bedroom units and five (5) one-bedroom units. Each unit is individually metered for gas and electric service. The property is located in the Belmont section of the Bronx within close proximity to historic Bronx destinations such as The Bronx Zoo and the famed Arthur Avenue Commercial Corridor, which includes GLittle Italy.
- Building Size: 4,800 SF- Price: $995,000- Taxes: $19,000- Ceilings: 15 feet- Possession: Arranged- Population: Over 210,000 people
September 1998: Building sold to user - 23,000 SF Building: - 13,000 SF ground floor - 10,000 SF 2nd floor via ramp - Zoning M1-1 - Rea estate taxes: $ 41,437 - 2 drive-ins at ground level - Gas heat - Sprinklered - 1,800 SF offices on 2nd floorIncludes a 10,000 sf yard
Located just south of 240th St, one block from Nereid Ave and Wakefield 241 St subway stations. (2 & 5 lines)Can be delivered vacant. Business is also for sale, contact broker for details.
Price Upon Req.10,905 SF
Turnkey investment opportunity awaits for the perfect investor! This is a 5 story Multifamily income producing property with 10 units. The building will be delivered fully occupied! 6 out of the 10 units are being rented at market free rent, while the other 4 are rent stabilized. The building has recently been re-stuccoed in 2012. Brand new facade was installed at the same time. Roof has undergone complete renovation 8 years ago and is in good condition. The boiler was serviced 3 years ago and is in good condition. 2 out of the 10 apartments are true 4 bedrooms while the other 8 are all 3 bedrooms. Under 24 hour surveillance. Owner has never had a vacancy for the past 20 years and has a wait list of potential tenants!