1544 E 174th St - Retail FOR SALE


Bronx, NY 10472- Parkchester
$12,000,000 USD
212-235-2764
1544 E 174th St, Bronx, NY for Sale
$12,000,000 USD
Retail - FOR SALE
1/6
null | Request Cap Rate

NEW


1544 E 174th St
Bronx, NY 10472
Parkchester


HIGHLIGHTS

  • Located in the Park Versailles – Bronx River neighborhood, offering excellent visibility and strong foot traffic.
  • Features a one-story retail building with 6,592 SF of building area on a 25,872 SF lot, providing ample space for operations.
  • Includes three commercial units, ideal for retail or business opportunities in a high-demand corridor.
  • Offers ample parking facilities, enhancing convenience for customers and tenants.
  • Excellent accessibility with a Walk Score of 81 and Transit Score of 100, near major subway lines and bus routes.
  • Represents a strong investment opportunity in a growing Bronx submarket, with long-term upside potential.

OVERVIEW

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

FOR SALE DETAILS

PRICE

$12,000,000 USD

PRICE/SF

$1,820 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Block Front Development Site

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

R6

APN/PARCEL ID

03885-0001

ASK ABOUT THIS PROPERTY

Roni SoleimaniSP Capital Group LLCMore Info
212-235-2764

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Roni SoleimaniSP Capital Group LLCMore Info
212-235-2764

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