1038 Underhill Avenue
About This Property
Opportunity to develop on a lot near all multiple transportation options. Accessible to the Parkchester Community, Shopping on White Plains Road, Schools, Highways, buses, trains, and parks. As of right, WITHOUT the facility FAR, an eight (8) unit, free market residential building can be developed ( please verify with your own PM). With the facility FAR and inclusionary, transitional, and affordable housing programs, there are more possibilities to create a building that will serve the needs of all parties involved. The property is currently zoned R5, residential with a a permissible 5400 buildable sf as of right and 8654 Facility FAR. Please seek advisement on the possibility of zoning change to meet NYC Zoning for Quality and Affordability or / and Mandatory Inclusionary Housing. The lot is 25 wide by 173 feet deep.
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Listing information last updated on May 27th, 2020 at 1:00am CDT.