315,000 Buildable SF Mixed-Use Development Opportunity With Two R7-3/MIH Development Parcels And Adjacent Air Rights
$31,000,000
1428 & 1458 Sheridan Boulevard, Bronx, NY 10459
37,906 sqft
Lot Area
R7-3 MIH, C2-4
Zoning
Details:
Description:
1428 & 1458 Sheridan Expressway, The Bronx - Presenting this mixed-use development assemblage located along Sheridan Boulevard in the Fairmont-Claremont Village section of The Bronx. The offering includes the development parcels at 1458 Sheridan Expressway and 1428 Sheridan Expressway, together with air rights from the adjacent(middle) property at 1440 Sheridan Expressway. The two development parcels contain approximately 37,906 square feet of land with more than 200 feet of combined frontage.
The properties are located within an R7-3 MIH zoning district with a C2-4 commercial overlay. Based on the assemblage’s zoning and inclusion of the adjacent air rights, the site offers an estimated maximum buildable area of ±315,503 square feet.
The subject is positioned near the Whitlock Avenue station on the 6 subway line, and the nearby Hunts Point Avenue station also serves the 6 line and provides limited weekday peak-direction express service. Several bus routes operate in the surrounding area, including the Bx4, Bx4A, Bx27 and Bx35.
Future residents would also benefit from access to Concrete Plant Park, located along the Bronx River between Westchester Avenue and Bruckner Boulevard. The waterfront park includes recreational space and connections to the Bronx River corridor. Additional neighborhood services and shopping are available along Westchester Avenue and nearby commercial corridors, while NYC Health + Hospitals/Lincoln provides a major healthcare facility at 234 East 149th Street.
Documents:
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1428_and_1458_Sheridan_Offering__26-09-15-A_.pdf
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Location
Gallery