$385,000, .04 Acres
About This Property
Amazing chance to develop on a designated Opportunity Zone lot in the heart of the Little Italy section of the Bronx. The offering is for a vacant 16.67' by 100' lot on Cambreleng Avenue. Located in a R6/C1-4 zone, the ideal use for a developer would be for residential which allows a FAR of 2.43 granting the builder approximately 3,850 buildable square feet. At $100/BSF, the development gives the developer a great opportunity to maximize returns. Ideally located in the middle of Little Italy, the property is walking distance to major Bronx attractions such as Fordham University, the Bronx Zoo and the New York Botanical Garden as well as being a short distance from Arthur Avenue and St. Barnabas Hospital.
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Listing information last updated on May 24th, 2019 at 10:28am CDT.