Bronx Super Lots
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Bronx Super Lots 2 biens | Terrain | Bronx, NY
Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Easy access to major transportation including 4, B, D subways along with I-87 and I-95 Expressways
- R7-1 Zoning with 675,943 BSF as of right (984,440 BSF city of Yes)
- Pre-development materials available including surveys, alternative zoning & massing studies, environmental reports, and geotechnical studies.
- Located nearby major developments on Jerome Avenue
- The lots can also be sold separately if preferred
RÉSUMÉ ANALYTIQUE
The "Bronx Super Lots" consist of 11 vacant lots spanning a combined 196,495 SF, with up to 984,440 buildable SF with City of Yes, in High Bridge, Bronx.
INVESTMENT HIGHLIGHTS
1. City of Yes Housing Opportunity
• Potential to build up to 1 million square feet
• Benefits from increased floor area, building height and bulk allowances, and reduced parking requirements
2. Location
• Located in the Highbridge neighborhood of the South Bronx
• Easy highway access to: I-87 (Major Deegan Expressway) — ~3-minutes drive & I-95 (Cross-Bronx Expressway) — ~5-minute drive
• Public transit connectivity: 4 , B , D subway lines & Bx11, Bx13, Bx18 bus lines within walking distance
• Less than 25 minutes to Midtown Manhattan
3. Neighborhood Developments
• Recent surge in residential development, driven by city policy, strong demand for affordable housing, and institutional investment
• Nearby substantial affordable housing projects along the Jerome Avenue corridor, one of NYC’s most active affordable and mixed-income development zones
4. Tax Benefits
• Opportunity to leverage 485-x Property Tax Abatement and Low-Income Housing Tax Credits (LIHTC) when incorporating affordable housing components
• Located in a Qualified Opportunity Zone
• The Site’s situation within an Environmental Zone (En-Zone) makes it a great candidate for consideration for New York’s Brownfield Cleanup Program (the BCP), as properties located within En-Zones provide a gateway for the property to qualify for the lucrative tangible property tax credits through the BCP, and can provide for increased credit consideration
• The BCP can provide tax credits and liability protections for qualifying sites of up to $35 million dollars for the tangible property tax credit
5. Comprehensive Due Diligence
• Pre-development materials available including: Surveys, Zoning & Massing Studies with City of Yes scenarios, Environmental Reports, & Geotechnical Studies
INVESTMENT HIGHLIGHTS
1. City of Yes Housing Opportunity
• Potential to build up to 1 million square feet
• Benefits from increased floor area, building height and bulk allowances, and reduced parking requirements
2. Location
• Located in the Highbridge neighborhood of the South Bronx
• Easy highway access to: I-87 (Major Deegan Expressway) — ~3-minutes drive & I-95 (Cross-Bronx Expressway) — ~5-minute drive
• Public transit connectivity: 4 , B , D subway lines & Bx11, Bx13, Bx18 bus lines within walking distance
• Less than 25 minutes to Midtown Manhattan
3. Neighborhood Developments
• Recent surge in residential development, driven by city policy, strong demand for affordable housing, and institutional investment
• Nearby substantial affordable housing projects along the Jerome Avenue corridor, one of NYC’s most active affordable and mixed-income development zones
4. Tax Benefits
• Opportunity to leverage 485-x Property Tax Abatement and Low-Income Housing Tax Credits (LIHTC) when incorporating affordable housing components
• Located in a Qualified Opportunity Zone
• The Site’s situation within an Environmental Zone (En-Zone) makes it a great candidate for consideration for New York’s Brownfield Cleanup Program (the BCP), as properties located within En-Zones provide a gateway for the property to qualify for the lucrative tangible property tax credits through the BCP, and can provide for increased credit consideration
• The BCP can provide tax credits and liability protections for qualifying sites of up to $35 million dollars for the tangible property tax credit
5. Comprehensive Due Diligence
• Pre-development materials available including: Surveys, Zoning & Massing Studies with City of Yes scenarios, Environmental Reports, & Geotechnical Studies
INFORMATIONS SUR L’IMMEUBLE
| Type de vente | Investissement | Individuellement en vente | 0 |
| Statut | Actif | Surface totale du terrain | 1,83 ha |
| Nb de biens | 2 |
| Type de vente | Investissement |
| Statut | Actif |
| Nb de biens | 2 |
| Individuellement en vente | 0 |
| Surface totale du terrain | 1,83 ha |
Biens
| NOM DU BIEN/ADRESSE | TYPE DE BIEN | SURFACE | PRIX INDIVIDUEL |
|---|---|---|---|
| 223 167th Street, Bronx, NY 10452 | Terrain | 1,56 ha | - |
|
97,740 BSF
Undercliff Ave, Bronx, NY 10452 |
Terrain | 0,26 ha | - |
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CONTACTS
-
Mitchel Flaherty -
Brian Whelan -
Jonathan Auerbach -
Jake Shapiro -
Jared Gootnick -
RIPCO Real Estate
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Bronx Super Lots
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