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3522 Webster Ave
Bronx, NY 10467
Retail Property For Sale

Investment Highlights
- Substantial three-story commercial building with air rights
- Zoning supports mixed-use redevelopment with significant FAR
- Excellent transit access via subway, Metro-North, and major highways
- 100 feet of frontage on a major Bronx corridor
- Located near Montefiore Medical Center and Fordham University
Executive Summary
Three floor commercial building located on the East side of Webster Avenue, just off the bustling corner of Webster Avenue & East Gun Hill Road in the Norwood section of the Bronx. The 27,792 SF (Approx.) building (including below grade space) is currently vacant, with roughly 9,200 square foot floor plates across 3 floors, this is a perfect opportunity for an owner-user.
Ceiling heights ranging from 14’-18’ and, 100’ of frontage on Webster Avenue providing users with a great street presence in the neighborhood. The ground floor is currently a built-out car dealership space, and office space. The asset also has two ramps for cars/trucks to access the second floor &
lower level parking areas.
This land measures 100’ x 98’ (Approx.) and is zoned C4-4/R7-2 (FAR: 4.00 on the as-of-right 5.01 with UAP, and 4.8 with Community Facility) providing an opportunity for a mixed-use development in one of the Bronx’s fastest growing areas.
The property is within a mile of several major Bronx attractions including, the Montefiore Medical Center Campus Van Cortlandt Park, Williamsbridge Oval, The Bronx Botanical Gardens, The Bronx Zoo, and both Fordham University and Lehman College are all a short distance from the property. Immediate access to Manhattan and the other boroughs is provided by the 2/5 trains, which are located around the corner at the Gun Hill Road station. Transportation throughout the Bronx and the greater NYC area is provided by the 4/D subways lines, several public bus lines, the Williams Bridge Metro-North station, The Bronx River Parkway and the Major Deegan Expressway that are all within a half-mile of the property.
Ceiling heights ranging from 14’-18’ and, 100’ of frontage on Webster Avenue providing users with a great street presence in the neighborhood. The ground floor is currently a built-out car dealership space, and office space. The asset also has two ramps for cars/trucks to access the second floor &
lower level parking areas.
This land measures 100’ x 98’ (Approx.) and is zoned C4-4/R7-2 (FAR: 4.00 on the as-of-right 5.01 with UAP, and 4.8 with Community Facility) providing an opportunity for a mixed-use development in one of the Bronx’s fastest growing areas.
The property is within a mile of several major Bronx attractions including, the Montefiore Medical Center Campus Van Cortlandt Park, Williamsbridge Oval, The Bronx Botanical Gardens, The Bronx Zoo, and both Fordham University and Lehman College are all a short distance from the property. Immediate access to Manhattan and the other boroughs is provided by the 2/5 trains, which are located around the corner at the Gun Hill Road station. Transportation throughout the Bronx and the greater NYC area is provided by the 4/D subways lines, several public bus lines, the Williams Bridge Metro-North station, The Bronx River Parkway and the Major Deegan Expressway that are all within a half-mile of the property.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
27,792 SF
Building Class
C
Year Built
1927
Tenancy
Single
Building Height
3 Stories
Building FAR
2.77
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
R6 - R7-2 residential equivalent, Regional commercial center located outside of the central business districts
Parking
10 Spaces (0.36 Spaces per 1,000 SF Leased)
Frontage
170’ on Webster Ave
Amenities
- Bus Line
Property Taxes
| Parcel Number | 03360-0044 | Improvements Assessment | $834,782 CAD |
| Land Assessment | $126,108 CAD | Total Assessment | $960,890 CAD |
Property Taxes
Parcel Number
03360-0044
Land Assessment
$126,108 CAD
Improvements Assessment
$834,782 CAD
Total Assessment
$960,890 CAD
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