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 21,037 SF of land frontage along Ward Avenue and E 173rd Street. 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,107,574 with UAP, and 132,398 BSF for Charter School/Community Facility.
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.