1602 Hering Ave - Commercial LAND FOR SALE


Bronx, NY 10461- Morris Park326,700,000 SF
$1,600,000 USD
718-475-4353
1602 Hering Ave, Bronx, NY for Sale
$1,600,000 USD
Commercial LAND - FOR SALE
1/4
326,700,000 SF

1602 Hering Ave
Bronx, NY 10461
Morris Park


HIGHLIGHTS

  • 75 FT X 100 FT Morris Park Assemblage with R4 Zoning
  • 7,500 SF combined lot area with 75 feet of frontage on Hering Avenue
  • Residential buildable: 7,500 ZSF (FAR 1.00) Community Facility buildable: 15,000 ZSF (FAR 2.00)
  • Existing ~1,642 SF building with medical office on ground floor and residential unit above providing interim cash flow
  • Assemblage includes Block 204113, Lots 39 & 40
  • Lot 40 (Vacant Land): 5,000 SF (approx. 50' x 100') Lot 39 (Existing Building): 2,500 SF (approx. 25' x 100')

OVERVIEW

We are pleased to present the Morris Park Assemblage, a versatile development opportunity located in one of the Bronx's most desirable residential enclaves. This offering combines a 50-foot wide vacant parcel with an adjacent improved lot, creating a total footprint of 7,500 square feet with significant frontage on Hering Avenue, and includes DOB approved drawings. Situated in an R4 Zoning District, the site offers a unique "dual-track" development potential. It is ideally zoned for high-density Community Facility (Medical) use—capitalizing on its location in the Bronx's "Medical Mile"—while also possessing the perfect dimensions and zoning fundamentals for three residential buildings that contain three two-bedroom apartments.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/ACRE

$213/AC

PRICE/SF

$0.0049 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

1602 Hering Ave, Bronx, NY 10461

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Apartment Units, Storefront Retail/Residential

LAND ACRES

7500 AC

LAND SF

326,700,000 SF

OFFSITE IMPROVEMENTS

-

ZONING

R4

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jakub NowakMarcus & MillichapMore Info
718-475-4353

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Jakub NowakMarcus & MillichapMore Info
718-475-4353

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