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1038 Underhill Avenue, BRONX
Opportunity to develop on a lot near all multiple transportation options. Accessible to the Parkchester Community, Shopping on White Plains Road, Schools, Highways, buses, trains, and parks. As of right, WITHOUT the facility FAR, an eight (8) unit, free market residential building can be developed ( please verify with your own PM). With the facility FAR and inclusionary, transitional, and affordable housing programs, there are more possibilities to create a building that will serve the needs of all parties involved. The property is currently zoned R5, residential with a a permissible 5400 buildable sf as of right and 8654 Facility FAR. Please seek advisement on the possibility of zoning change to meet NYC Zoning for Quality and Affordability or / and Mandatory Inclusionary Housing. The lot is 25 wide by 173 feet deep.
- MLS® #H6008062
- TypeCommercial Sale
- Sub-TypeMixed Use
- HeatingOther, None
- Date ListedJanuary 28th, 2020
- Days on Market105
- Address1038 Underhill Avenue
- Zip Code10472
- DistrictBronx 10
- Listing OfficeKeller Williams Realty Nyc Grp
The data relating to real estate for sale or lease on this web site comes in part from HGMLS. Real estate listings held by brokerage firms other than Monroe Realty Center. Inc are marked with the HGMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
Information deemed reliable but not guaranteed.
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Listing information last updated on June 6th, 2020 at 8:15pm EDT.