6 Story 36,930 Square Foot Elevator Apartment Building Constructed in 1941 Containing 36 Large Apartments.
Vacant 3 bedroom apt + occupied commercial space. Very low taxes & expenses. Even with the vacant apartment, the retail pays more than enough to cover the building's expenses. Heat is provided by a gas boiler & gas water heater. Opportunity to expand the property by 4k sq ft. There is also an opportunity to use the commercial space for your own personal business. Located on a main commercial strip.
Solid Brick Building. All cash large 13 units plus store Close to all. R7-1 zoning Rent Roll $257K. 10 (3) bedrooms; 1 (2) bedroom; 2 studio; and 1 store Great income.
Price Upon Req.37,952 SF
Auction Timeline2/10/2016 - Indicative bid due date2/12/2016 - Notice provided to final round bidders2/15/2016 - Refundable bidder deposit due to escrow2/18/2016 - Best and final auction date2/18/2016 - Purchase Agreement Signed2/19/2016 - Non-refundable deposit posted to escrowAuction.com together with Eastern Consolidated, as exclusive agent for ownership, are pleased to offer for sale a prime block-through corner retail building with a significant amount of unused development rights, located at 2962-2970 Third Avenue (the "Property") in the Bronx, New York. The 37,952 square foot building includes 21,820 square feet on the ground floor and additional 16,132 square feet of selling basement space with high ceilings. The building benefits from 103 feet of frontage along Third Avenue and 193 feet of frontage along East 153rd Street. The Property also includes up to 129,208 square feet of unused development rights for future residential, commercial, and/or community facility development. The Property is located along Third Avenue in "The Hub" and is the second busiest locale in New York City after Times Square.
The subject property is an assembly of two adjacent lots creating a prime residential development site with approximately 42,000 buildable square feet. The breakdown of the lots are: Lot 34 = 50' x 93' Lot 37 = 25' x 93' The site features an FAR of 6.02 and a desirable R8 zoning. It sits just two blocks from Grand Concourse in the Fordham Heights section of the Bronx, benefiting from an easy two block walk to the B, D, and 4 trains. Priced at a very attractive $50 per square foot, this is an excellent opportunity for condominium or rental development. The combination of incredible pricing and the total number of square feet makes this site very attractive.
Vacant renovated rooming house. The property contains 9 rooms + a large living room. There are also 13k sq ft of air rights. Total buildable is 15,266 sq ft
*Exclusive Listing* 6 Apts + Large Retail. $99 rent controlled apt. will soon be vacant. Higher rent is not included in the income. Rent roll will soon be $13k higher. Most of the tenants are paying below market preferential rents. Opportunity to quickly unlock building's tremendous upside Store has 2 more years + option to renew. (Income from the store is equivalent to 4 apartments) Many development projects occurring in the immediate area. Opportunity to be where the action is. Short trip to Manhattan
Price Upon Req.124,800 SF
Prime Bronx Residential Development Site Approximately 124,800 Sq. Ft. Buildable - Near Yankee Stadium
Price Upon Req.14,000 SF
Industrial Warehouse For Sale Located In The Heart Of Hunts Point