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Faits saillants de l'investissement

  • Easy access to major transportation including 4, B, D subways along with I-87 and I-95 Expressways
  • R7-1 Zoning with 675,943 BSF as of right (984,440 BSF city of Yes)
  • Pre-development materials available including surveys, alternative zoning & massing studies, environmental reports, and geotechnical studies.
  • Located nearby major developments on Jerome Avenue
  • The lots can also be sold separately if preferred

Résumé de l'annonce

Bid Deadline of October 31st.
The "Bronx Super Lots" consist of 11 vacant lots spanning a combined 196,495 SF, with up to 984,440 buildable SF with City of Yes, in High Bridge, Bronx.
INVESTMENT HIGHLIGHTS
1. City of Yes Housing Opportunity
• Potential to build up to 142,349 SF
• Benefits from increased floor area, building height and bulk allowances, and reduced parking requirements
2. Location
• Located in the Highbridge neighborhood of the South Bronx
• Easy highway access to: I-87 (Major Deegan Expressway) — ~3-minutes drive & I-95 (Cross-Bronx Expressway) — ~5-minute drive
• Public transit connectivity: 4 , B , D subway lines & Bx11, Bx13, Bx18 bus lines within walking distance
• Less than 25 minutes to Midtown Manhattan
3. Neighborhood Developments
• Recent surge in residential development, driven by city policy, strong demand for affordable housing, and institutional investment
• Nearby substantial affordable housing projects along the Jerome Avenue corridor, one of NYC’s most active affordable and mixed-income development zones
4. Tax Benefits
• Opportunity to leverage 485-x Property Tax Abatement and Low-Income Housing Tax Credits (LIHTC) when incorporating affordable housing components
• Located in a Qualified Opportunity Zone
• The Site’s situation within an Environmental Zone (En-Zone) makes it a great candidate for consideration for New York’s Brownfield Cleanup Program (the BCP), as properties located within En-Zones provide a gateway for the property to qualify for the lucrative tangible property tax credits through the BCP, and can provide for increased credit consideration
• The BCP can provide tax credits and liability protections for qualifying sites of up to $35 million dollars for the tangible property tax credit
5. Comprehensive Due Diligence
• Pre-development materials available including: Surveys, Zoning & Massing Studies with City of Yes scenarios, Environmental Reports, & Geotechnical Studies

Faits sur la propriété

Prix 12 327 390 $ CAD
Type de vente Investissement
Statut Actif
Nombre de propriétés 2
Individuellement en vente 0
Superficie totale du terrain 4,51 AC

Propriétés

Nom de la propriété/adresse Type de propriété Taille Prix individuel
223 167th Street, Bronx, NY 10452 Terrain 3,86 AC -
97,740 BSF
Undercliff Ave, Bronx, NY 10452
Terrain 0,65 AC -
Afficher plus > < Afficher moins
  • ID d’inscription: 37023302

  • Date de mise sur le marché: 2025-07-30

  • Dernière mise à jour:

  • Adresse: Bronx Super Lots, Bronx, NY

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