Assignments

Williamsbridge Development Site - 10,000 Buildable Sq. Ft.

742 E 214th St, Bronx, NY 10467

742 E 214th St, Bronx, NY 10467

under contract

Asking
Sale Price
$
980000
980000

Property Details

Status
For Sale
Property Type
Residential Development Site
Price Summary
$
980000
Sale Price
$
980000
Buildable SF
10000
Building SF
10000
LOT SF
10000
Cap RATE
%
Zoning
R7A

Highlights

  • 25’ x 100’ lot improved by a 1,652 SF two-family building, delivered vacant
  • 10,000 BSF as of right or up to 12,525 BSF with UAP
  • 0.3 miles from the Gun Hill Road Station 2 & 5 trains
  • Proximity to the Metro-North Railroad Tremont station
  • Proximity to Bronx Zoo/New York Botanical Garden

Property DEscription

Landair Advisors has been exclusively retained to sell 742 East 214th Street, a development site in the heart of Williamsbridge. The 25' x 100' lot is zoned R7A, offering 10,000 buildable square feet as-of-right, with the potential to increase to 12,525 square feet through the Universal Affordability Preference program. The site is currently improved with a 1,652 square foot two-family residential building, which will be delivered vacant at closing. The site benefits from strong transit access, located 0.3 miles from the Gun Hill Road station serving the 2 and 5 trains, and 0.5 miles from the Williams Bridge Metro-North station on the Harlem Line, offering direct service to Midtown Manhattan. Multiple bus lines serve the immediate area as well. The surrounding neighborhood is supported by an array of established amenities, including Williamsbridge Oval Park, the retail corridor along White Plains Road, and proximity to schools and healthcare facilities throughout the northern Bronx — all of which continue to underpin steady residential demand in the area.

Map

Maha Alaoui
Senior Associate
(516) 713-7161
malaoui@landairnyc.com
Alexandre Goulet
Partner
(212) 920-7658
ag@landairnyc.com
Anand Melwani
Partner
(516) 658-1222
AM@landairnyc.com

Documents

Offering Memorandum
Data Room

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