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3498 Fort Independence St - Kingsbridge 50' Wide Development Site
6,200 Acres of Commercial Land Offered at $1,400,000 in Bronx, NY 10463
Investment Highlights
- Block-through 50’ x 124’ Lot Zoned R6. ~13,640 BSF As-of-Right. Approx. 20 Units Total.
- 3,212 Sq. Ft. (2) Family Delivered Vacant at Closing.
- Strong Residential Market with NB Rents Exceeding $60/SF.
- Located in Desirable Kingsbridge / Van Cortland Village
- .3 Miles from 238th Street 1 Train Subway Sation.
Property Facts
| Price | $1,400,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 6,200.00 AC |
| Property Type | Land |
| Price | $1,400,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 6,200.00 AC |
1 Lot Available
Lot
| Price | $1,400,000 | Lot Size | 6,200.00 AC |
| Price Per AC | $226 |
| Price | $1,400,000 |
| Price Per AC | $226 |
| Lot Size | 6,200.00 AC |
Description
3498 Fort Independence Street is a prime 50’ x 124’ development site located in the desirable Kingsbridge area of the Bronx. The property is block through with frontage on both Ft. Independence and Cannon Place. Measuring a total of 6,200 Sq. Ft. (Approx.) and zoned R6, the property offers developers a buildable Sq. Ft. of 13,640 and allows for 20 units. Currently built as a 3-story (2) family measuring 3,212 Sq. Ft. with building dimensions of 22.67’x54’. Structure will be delivered vacant at closing. Subject structure is in overall solid construction. Both Units are 3 Bedrooms, 1.5 Bathrooms each. 3498 Ft. Independence St. is located .3 Miles from the 238th Street 1 Train Subway Station. There is a slope in the rear of the property, however it should not factor into construction as the entire building envelope can fit in the first 60 feet.
zoning
| Zoning Code | R6 (R6 zoning districts are widely mapped in built-up, medium-density areas in Brooklyn, Queens and the Bronx.) |
| R6 (R6 zoning districts are widely mapped in built-up, medium-density areas in Brooklyn, Queens and the Bronx.) |
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Alexandre Goulet -
Magdalena Denisiuk -
Anand Melwani -
Landair Property Advisors
Presented by
3498 Fort Independence St - Kingsbridge 50' Wide Development Site
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