690 E 166th St - Specialty FOR SALE


Bronx, NY 10456- Longwood
$3,250,000 USD
212-544-9500
690 E 166th St, Bronx, NY for Sale
$3,250,000 USD
Specialty - FOR SALE
1/8
null | Request Cap Rate

690 E 166th St
Bronx, NY 10456
Longwood


HIGHLIGHTS

  • Historic community facility and rectory with flexible use options.
  • Development potential of up to 63,715 BSF under City of Yes UAP.
  • Prime corner location near Morris High School and 2/5 subway lines.
  • Surrounded by NYCHA campus with possible air rights for expanded project.

OVERVIEW

Opportunity to acquire 690 & 698 E 166th St in the heart of the Bronx’s Morrisania neighborhood. This unique assemblage includes a historic community facility and an adjacent rectory, positioned on the southeast corner of Trinity Avenue and East 166th Street. The church, dating back to 1874, stands as the oldest building in the Morris High School Historic District, while the rectory is outside the district, offering greater flexibility for future plans. This property provides two distinct paths for investors and end-users. As an owner-user opportunity, the 8,160 SF sanctuary and community space, paired with a 3,000 SF rectory featuring six bedrooms and generous common areas, create an ideal setting for religious, educational, or nonprofit use. For developers, the 16,337 SF lot offers significant upside with approximately 49,012 buildable square feet under standard R6 zoning or up to 63,715 BSF under the City of Yes Universal Affordability Program, with potential for additional NYCHA air rights. Redevelopment would require LPC coordination, but the expanded development potential is compelling. The properties are located across from landmarked Morris High School and steps from the 2/5 subway at Westchester Avenue. The surrounding area is vibrant, with a mix of residential communities, retail corridors, and open spaces, creating strong demand drivers for future development. This offering combines historic character, zoning flexibility, and strategic positioning in one of the Bronx’s most dynamic neighborhoods.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$398 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1903

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

R6

APN/PARCEL ID

02640-0024

ASK ABOUT THIS PROPERTY

Michael TortoriciAriel Property AdvisorsMore Info
212-544-9500

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Michael TortoriciAriel Property AdvisorsMore Info
212-544-9500

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