SP Capital is proud to exclusively offer this development site located in the Park Versailles – Bronx River neighborhood of the Bronx. The offering is for a lot with 27,583 square feet of land area currently improved by single-story retail buildings. The lot is zoned for 82,749 BSF as of right, 107,573 BSF with UAP, and 132,398 BSF with the facility bonus. Located at the corners of Bronx River Ave, E 174th St, Ward Ave, and E 173rd St, this property is only steps away from restaurants, shops, markets, schools, Starlight Park, and the 2, 5, and 6 train
The subject property is a nearly full-block corner development site located at Bronx River Ave, E 174th St, E 173rd St, and Ward Ave in the Park Versailles section of the Bronx.
This is a shovel-ready opportunity with clean environmental reports and over 82,000 BSF as-of-right, with potential to reach 132,398 BSF for community facility use.
See attached for the Offering Memorandum
1544 E 174th Street
• 27,583 SF Lot (Irregular: 207 ft x 158 ft)
• Zoning: R6 / C2-2 | As-of-Right FAR: 3.00 | Facility FAR: 4.8
• 82,749 BSF As-of-Right | 107,573 BSF w/ UAP | 132,398 BSF w/ Facility Bonus
• Nearly Full Block Site | ~556 FT Total Frontage
• Delivered Vacant
• Clean Phase II Environmental – No USTs or VOCs
• Located Steps from the 2, 5 & 6 Train, Bronx River Park, Schools & Retail
• Annual Taxes: $76,741