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340 Brook Ave
Bronx, NY 10454
Land For Sale
·
0.06 AC
Investment Highlights
- 2,500 SF vacant lot (25’ x 100’) located just off the corner of East 141st Street, ready for immediate development.
- Ideally situated 3 short blocks from the Brook Ave (6)train, offering a seamless 2-stop commute to Manhattan and easy access throughout the Bronx.
- Asset benefits from minimal holding costs, with projected real estate taxes of only $469/annum.
- Offers 7,500 Buildable SF as-of-right, with potential to increase to 9,750 Buildable SF utilizing the UAP.
- Located in the heart of Mott Haven’s revitalization, surrounded by new residential inventory, schools, and several parks.
Executive Summary
Property Facts
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.06 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | R6 - Medium density residential zoning | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.06 AC |
| Opportunity Zone |
Yes |
| Zoning | R6 - Medium density residential zoning |
1 Lot Available
Lot
| Price | $1,029,600 CAD | Lot Size | 0.06 AC |
| Price Per AC | $17,939,782.45 CAD |
| Price | $1,029,600 CAD |
| Price Per AC | $17,939,782.45 CAD |
| Lot Size | 0.06 AC |
A shovel-ready 2,500 SF vacant lot offering 7,500 BSF as-of-right with potential for 9,750 BSF under UAP, positioned just off East 141st Street in rapidly revitalizing Mott Haven.
Description
340 Brook Avenue is a strategically positioned development parcel within Mott Haven, a neighborhood undergoing dramatic reinvestment and residential expansion. The 25’ x 100’ lot offers 2,500 square feet of land area, supported by R6 zoning that provides 7,500 buildable square feet as-of-right, with an enhanced 9,750 buildable square feet possible through the UAP program. Its location just off East 141st Street places it in close proximity to new residential projects, educational facilities, retail growth, and several parks including St. Mary’s Park and People's Park. Transportation access is a major asset, with the Brook Avenue 6-train station only a short walk away and multiple bus routes serving the corridor, providing fast access into Manhattan and the broader Bronx. As a shovel-ready site with minimal annual tax burden, the property is ideally suited for developers looking to capitalize on strong neighborhood momentum and long-term value creation.
Property Taxes
| Parcel Number | 02268-0004 | Improvements Assessment | $0 CAD |
| Land Assessment | $3,224 CAD | Total Assessment | $3,224 CAD |
Property Taxes
