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50 174th st - 50 East 174th Street 0.11 Acres of Commercial Land in Bronx, NY 10452
Investment Highlights
- Vacant Corner Development Site Plus Additional Air Rights For Sale
- The deal consists of a prime vacant 50’ x 100’ corner development lot in the Mount Eden section of the Bronx
- Under the City of Yes zoning amendments, the allowable FAR increases to 8.64, providing approximately 43,200 BSF
- Sell or ground lease 50 East 174th Street, Bronx, NY 10452, along with the transferable air rights from 1606 Townsend Avenue
- The property is in an R8 zoning district with a 7.2 FAR, allowing for approximately 36,000 buildable square feet (BSF) as-of-right
- Under the City of Yes zoning amendments, the allowable FAR increases to 8.64, providing approximately 43,200 BSF
Executive Summary
Investment Property Realty Group (IPRG) ) has been exclusively retained to sell or ground lease 50 East 174th Street, Bronx, NY 10452, along with the transferable air rights from 1606 Townsend Avenue. The deal consists of a prime vacant 50’ x 100’ corner development lot in the Mount Eden section of the Bronx.
The property is in an R8 zoning district with a 7.2 FAR, allowing for approximately 36,000 buildable square feet (BSF) as-of-right. Under the City of Yes zoning amendments, the allowable FAR increases to 8.64, providing approximately 43,200 BSF.
The transferable air rights from 1606 Townsend Avenue add approximately 13,890 BSF as-of-right and 17,432 BSF under City of Yes, bringing the total development potential to approximately 49,890 BSF as-of-right and 60,632 BSF under City of Yes.
The development opportunity is within walking distance from Mt Eden Ave (4) & 174-175 Streets (B,D) subway station.
The property is in an R8 zoning district with a 7.2 FAR, allowing for approximately 36,000 buildable square feet (BSF) as-of-right. Under the City of Yes zoning amendments, the allowable FAR increases to 8.64, providing approximately 43,200 BSF.
The transferable air rights from 1606 Townsend Avenue add approximately 13,890 BSF as-of-right and 17,432 BSF under City of Yes, bringing the total development potential to approximately 49,890 BSF as-of-right and 60,632 BSF under City of Yes.
The development opportunity is within walking distance from Mt Eden Ave (4) & 174-175 Streets (B,D) subway station.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.11 AC |
| Property Type | Land | ||
| Zoning | R8 | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.11 AC |
| Zoning | R8 |
1 Lot Available
Lot 02847-0049
| Lot Size | 0.11 AC |
| Lot Size | 0.11 AC |
1 1
Exceptionally walkable
90/100
Moderately drivable
60/100
Exceptional public transit
100/100
Moderately bikeable
60/100
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50 174th st - 50 East 174th Street
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