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72K SF Corner Opportunity with Development and Rehab Potential

Market Price

809 Westchester Avenue, Bronx, NY 10455

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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