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940 E 181st St
Bronx, NY 10460 West Farms

$1,250,000 USD

Land For Sale  •  0.08 AC

Property Details

  • Property Type Land
  • Lot Size 0.08 AC
100 Transit Score
100 Walk Score

Description

Landair Advisors has been exclusively retained to arrange the sale of 940 East 181st Street, a 3,087 sq. ft. three-family building on an irregular 40' × 103' lot (3,366 sq. ft.) in West Farms, the Bronx. The building includes a ground-floor studio, a three-bedroom/one-bath on the first floor, and a four-bedroom/two bath duplex. The property will be delivered fully vacant at closing.

Zoned R7-1, the site permits up to 11,579 buildable sq. ft. as-of-right or 16,863 buildable sq. ft. with UAP, presenting a compelling opportunity to redevelop ground-up or alter the existing building.

Located 0.4 miles from the West Farms Square–East Tremont Ave station (2/5 trains), the property also benefits from Bx9, Bx21, and Bx36 bus service. Bronx Park — home to the Bronx Zoo and New York Botanical Garden — anchors the neighborhood to the north, complemented by the East Tremont Avenue retail corridor, Fordham University, area schools, and Bronx healthcare facilities. Recently permitted mixed-use development throughout West Farms reflects growing investor confidence in the submarket.

Highlights

3 units: (1) studio, (1) 3 bed 1 bath, (1) 4 bed 2 bath duplex, delivered vacant
40’ × 103’ lot (3,366 sq. ft.) with 11,579 BSF as-of-right or 16,863 BSF UAP
0.4 miles to West Farms Square–East Tremont Ave 2 & 5 trains
Proximity to Bronx Zoo/New York Botanical Garden
Proximity to East Tremont Avenue retail corridor
Proximity to Fordham University, area schools, and healthcare facilities

Public Transportation

Commuter RailDriveWalkDistance
Tremont Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North)) 4 min - 1.4 mi
Fordham Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North), New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 5 min - 1.9 mi
Transit/SubwayDriveWalkDistance
West Farms Square-East Tremont Avenue (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 1 min 7 min 0.4 mi
East 180 Street (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 1 min 9 min 0.5 mi
174 Street (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 2 min 13 min 0.7 mi
AirportDriveWalkDistance
LaGuardia 20 min - 9.4 mi
John F Kennedy International 27 min - 18.1 mi
Westchester County 38 min - 23.8 mi
Maha Alaoui 646-559-4700 Landair Advisors
Maha Alaoui 646-559-4700 Landair Advisors