Bronx, NY 10462
$1,500,000
3,400 SF commercial land parcel with 168.42 feet of continuous East Tremont Avenue frontage, offered for the first time in over 50 years. Zoned C8-2, indicating roughly 6,800 SF of commercial or 16,320 SF of community facility floor area as of right, subject to verification. Existing one story 500 SF auto repair building conveys and is vacant at closing, leaving the site available for continued use, repositioning or redevelopment. Taxes are $4,957 per year, a carry of about $413 per month. Blocks from the planned Parkchester/Van Nest Metro-North station, service targeted 2027. The 2024 Bronx Metro-North plan upzoned the surrounding blocks for housing and higher density while this parcel retained C8-2 commercial. Adjacent parcels present assemblage potential and are not included. FRESH Zone. FEMA Zone X. Sold as is.
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Listed by Real Broker NY LLC