860, 868 & 870 East 147th Street FOR SALE


Bronx, NY - North New York
$7,250,000 USD
212-544-9500
, Bronx, NY for Sale
$7,250,000 USD
FOR SALE
1/6
null | Request Cap Rate

860, 868 & 870 East 147th Street
Bronx, NY
North New York


HIGHLIGHTS

  • Assemblage consists of three adjacent lots with 135.53’ of frontage along Timpson Place and East 147th Street.
  • Mandatory Inclusionary Housing (MIH) R7X zoning district with 6.00 FAR.
  • Combined lot square footage of 12,361.68 SF allowing for 74,170 residential buildable square feet.
  • Exceptional transit access, located just 0.2 miles from the 6 subway line at East 149th Street, providing a direct commute to Manhattan.
  • Served by an extensive network of local buses—including the Bx19, Bx17, Bx15, Bx4, and Bx21—connecting you quickly to The Hub and wider Bronx.
  • Located in the Mott Haven section of the South Bronx, a neighborhood distinguished by its rich cultural heritage and historic charm.

OVERVIEW

This offering presents a rare opportunity to acquire a three-lot assemblage totaling 12,362 square feet in the rapidly transforming Mott Haven neighborhood of the South Bronx. Located at 860, 868, and 870 East 147th Street, the site benefits from R7X zoning with a Mandatory Inclusionary Housing requirement, allowing for approximately 74,170 buildable square feet. The property sits at the heart of the East 147th Street corridor, an area that has undergone significant rezoning and redevelopment, attracting major residential and mixed-use projects. Positioned just two blocks from the 6 subway line at East 149th Street, the site offers exceptional connectivity to Manhattan and the greater Bronx via multiple subway and bus routes, as well as convenient access to the Triborough, Third Avenue, and Willis Avenue Bridges. The surrounding neighborhood is experiencing a surge in new construction, including MLK Plaza, Austin 147, and other large-scale developments, reinforcing the area’s growth trajectory and long-term investment appeal. This development-ready site provides investors and developers with a prime canvas for a high-density residential or mixed-use project in one of New York City’s most dynamic and evolving submarkets.

ASK ABOUT THIS PROPERTY

Victor SozioAriel Property AdvisorsMore Info
212-544-9500

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

Victor SozioAriel Property AdvisorsMore Info
212-544-9500

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