1431 Bassett Ave - Industrial LAND FOR SALE


Bronx, NY 10461- Morris Park653,400 SF
$9,000,000 USD
914-500-9194
1431 Bassett Ave, Bronx, NY for Sale
$9,000,000 USD
Industrial LAND - FOR SALE
1/1
653,400 SF

1431 Bassett Ave
Bronx, NY 10461
Morris Park


OVERVIEW

Distinguished Realty Services has been hired as the exclusive broker on 1431-1441 Bassett Avenue in the newly rezoned Morris Park section of the Bronx. This 15,000 square foot assemblage presents a great opportunity for development directly across from the new Metro North train station estimated for completion in 2027. In a diverse employment section at the corner of Eastchester Rd and Morris Park Avenue, neighboring Albert Einstein Medical Center, Jacobi Hospital, Yeshiva University and Calvary Hospital. Morris Park's Zoning initiative is to encourage the development an additional 7,000 units to the area. Current Zone is C4-4. MIH option 2 for residential housing. Zoning will allow for a new residential building with 119,145 Gross Buildable Area (Includes 15,000 Square Foot Parking on Level 1) and 89,900 ZFA or 99 Units. Two existing industrial buildings on the premises include an approximately 10,000 square foot mixed use building with 5,000 square feet of industrial space and 5,000 square feet of office space on the top level. Second structure is an 5,000 square foot industrial space.

FOR SALE DETAILS

PRICE

$9,000,000 USD

PRICE/ACRE

$600,000/AC

PRICE/SF

$14 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Bassett Avenue Assemblage

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Industrial

LAND PROPOSED USE

Industrial, Multi-Family

LAND ACRES

15 AC

LAND SF

653,400 SF

OFFSITE IMPROVEMENTS

-

ZONING

C4-4

APN/PARCEL ID

04209-0051,04209-0053,04209-0054,04209-0055

ASK ABOUT THIS PROPERTY

Frank MorrisDistinguished Realty ServicesMore Info
914-500-9194

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Frank MorrisDistinguished Realty ServicesMore Info
914-500-9194

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