2850 Decatur Ave - Commercial LAND FOR SALE


Bronx, NY 10458- Bedford Park2,897 SF
$860,000 USD
646-559-4700
2850 Decatur Ave, Bronx, NY for Sale
$860,000 USD
Commercial LAND - FOR SALE
1/2
2,897 SF

2850 Decatur Ave
Bronx, NY 10458
Bedford Park


HIGHLIGHTS

  • 26’x114’ Zoned R7B. 8,688 BSF As-Of-Right. 11,294 BSF with UAP.
  • Located .5 Miles From the 4 / B / D Train Subway Stop.
  • 3-Family Delivered Vacant at Closing.
  • Low Taxes of $4,134/Yr.
  • Fully Detached Home on a Level Lot.

OVERVIEW

Located in the Northwest Bronx, 2850 Decatur Ave, Bronx, NY, presents a prime development opportunity for investors and developers looking to capitalize on the area’s expanding residential market. This midblock lot spans a total of 2,898 square feet with dimensions of 25.5x113.58. Zoned R7B, the property offers a Floor Area Ratio (FAR) of 3.0, allowing for a maximum buildable square footage of 8,688 Sq. Ft. Currently, the lot includes a 3,860 square foot building, which will be delivered vacant, providing immediate redevelopment potential. Strategically positioned, the property is within close proximity to multiple subway stations, ensuring seamless access to various parts of New York City. Additionally, this property qualifies for the 485X tax abatement, providing substantial tax benefits and enhancing the overall financial feasibility of your development project. The Northwest Bronx real estate market is experiencing significant growth and revitalization, fueled by ongoing developments and an increasing demand for housing. The area’s transformation creates a favorable investment climate, making this an attractive opportunity for builders and investors. Overall, 2850 Decatur Ave offers a unique development opportunity in a rapidly growing section of the Bronx. With favorable zoning, a strategic location, valuable tax incentives, and strong growth potential, this property stands out as a prime option for developers looking to make a lasting impact in the Northwest Bronx community.

FOR SALE DETAILS

PRICE

$860,000 USD

PRICE/ACRE

$12,926,708/AC

PRICE/SF

$297 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Bedford Park Development Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial

LAND ACRES

0.07 AC

LAND SF

2,898 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

R7B

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Alexandre GouletLandair Property AdvisorsMore Info
646-559-4700

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Alexandre GouletLandair Property AdvisorsMore Info
646-559-4700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.