72K SF Corner Opportunity with Development and Rehab Potential
Market Price
809 Westchester Avenue, Bronx, NY 10455
For Sale
Mixed Use
Active
Last Updated: 09/05/2024
72,760 sqft
18,190 sqft
Lot Area
Details:
: 72,760 sqft
Lot Area: 18,190 sqft
Year Built: 1925
Zoning: R6 / C1-4
Year Last Renovated: 2013
Highlights:
- Corner development opportunity with 54,450 (As of Right) and 87,120 (Community Facility) buildable square feet
- 18,190 square foot lot with 200 feet of frontage along a major retail thoroughfare, Westchester Avenue
- Currently a 72,760 square foot 3-story commercial building that provides the opportunity for investors to convert/rehab the existing structure
- High foot traffic retail corridor along Westchester Avenue, featuring an abundance of both credit tenants and local retailers
- Situated steps from the 2 and 5 subway lines on the corner of Prospect and Westchester Avenues
- Recent new developments in the area have achieved an average of $61 per square foot in rents
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