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Corner Development in Westchester Square

4 Properties in Bronx, NY

Executive Summary

Block-through, T-shaped parcel with 3 street frontages spanning 35,212 sq. ft.
R6/R5A zoning provides 72,241 BSF for residential or 155,718 BSF for community facility use.
The subject property is currently improved by 2 vacant community facility buildings totaling 16,426 sq. ft., which consist of: 14,528 sq. ft. former school and adjoining convent with 12 classrooms that can accommodate 235 students and 1,898 sq. ft. community facility that consisted of a multipurpose educational facility and former convent.
Central Westchester Square location, close proximity to major regional employers including Montefiore Medical Center, the Hutchinson Metro Center and the United Federation of Teachers Bronx office.
5-minute walk to Zerega Avenue Subway (6 Train) Station.
Poised to benefit from the opening of the Parchester/Van Nest Metro North station that is scheduled to arrive in 2027.
Prime opportunity for developers or owner-users seeking exceptional scale that can accommodate a range of residential, educational, medical or other community facility uses.

Attachments

1631 Zerega Ave

Property Facts

Sale Conditions Redevelopment Project
Sale Type Investment or Owner User
Status Under Contract
Number of Properties 4
Individually For Sale 0
Total Building Size 15,648 SF
Total Land Area 0.81 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1631 Zerega Ave, Bronx, NY 10462 Land 0.16 AC - -
1651 Zerega Ave, Bronx, NY 10462 Specialty 14,528 SF 1928 -
1659 Zerega Ave, Bronx, NY 10462 Specialty 1,120 SF 1928 -
Parker St, Bronx, NY 10462 Land 0.11 AC - -
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  • Listing ID: 30515464

  • Date on Market: 1/3/2024

  • Last Updated:

  • Address: Corner Development in Westchester Square, Bronx, NY

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