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1880 University Ave - Development Site 0.18 Acres of Commercial Land Offered at $5,551,240 CAD in Bronx, NY 10453
Executive Summary
Development Site For Sale – 1876–1880 University Avenue, Bronx, NY. Two-lot assemblage totaling approximately 7,747 SF with approximately 91 feet of frontage located in an R7-1 zoning district. Preliminary zoning analysis indicates approximately 26,000 – 31,000 buildable square feet. Ideal for mid-rise multifamily development (5–8 stories). Located on a block with multiple recently constructed multifamily buildings, supporting highest and best use as residential development. Assemblage to be delivered vacant or subject to tenancy. Offering Memorandum and zoning summary available upon request. Proof of funds required for all offers.
Property Facts
| Price | $5,551,240 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Total Lot Size | 0.18 AC |
| Sale Condition | Redevelopment Project | Year Built | 1930 |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | R7-1 - Residential | ||
| Price | $5,551,240 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.18 AC |
| Year Built | 1930 |
| Opportunity Zone |
Yes |
| Zoning | R7-1 - Residential |
1 Lot Available
Lot
| Price | $5,551,240 CAD | Lot Size | 0.18 AC |
| Price Per AC | $31,213,571.03 CAD |
| Price | $5,551,240 CAD |
| Price Per AC | $31,213,571.03 CAD |
| Lot Size | 0.18 AC |
Development site for sale – 1876–1880 University Ave, Bronx. Two-lot assemblage, 7,747 SF lot, ~91 ft frontage, R7-1 zoning. Est. 26K–31K buildable SF. Ideal for 5–8 story multifamily development. OM available. Proof of funds required.
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Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 02868-0034 | Improvements Assessment | $19,874 CAD |
| Land Assessment | $5,775 CAD | Total Assessment | $25,649 CAD |
Property Taxes
Parcel Number
02868-0034
Land Assessment
$5,775 CAD
Improvements Assessment
$19,874 CAD
Total Assessment
$25,649 CAD
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Presented by
KINGDOM CONNECTION REALTY LLC
1880 University Ave - Development Site
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