SP Capital Group is pleased to exclusively offer 1544 E 174th Street, a rare blockfront development site in the Park Versailles / Bronx River neighborhood of the Bronx.
The property consists of approximately 27,583 SF of land with ~556 feet of wraparound frontage along E 174th Street, Ward Avenue, E 173rd Street, and Bronx River Avenue. The site is currently improved with a one-story commercial structure and will be delivered vacant.
Zoned R6 with a C2-2 overlay, the site allows for 71,682 BSF as-of-right residential, equating to approximately 102–105 units. Additional density is available through affordable/senior housing or community facility programs, subject to approvals. A full zoning analysis has been completed.
The site benefits from its large floor plate, corner exposure, and proximity to Bronx River Avenue, Starlight Park, retail corridors, and public transportation (2, 5, and 6 trains). Environmental reports are complete, with a clean Phase II.
This is an ideal opportunity for a residential or mixed-use developer seeking a large, as-of-right project in a supply-constrained Bronx submarket.