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1036 Summit Avenue Bronx NY, 10452
$1,200,000
  • Under Contract
  • Misc
  • ML# 804925

Property Details

Overview

Calling All Developers and Investors! This property, located at 1036 Summit Avenue, Bronx, NY 10452, is in the highly sought-after neighborhood of High Bridge, just minutes from Yankee Stadium. The property is conveniently situated next to major highways (including the Deegan Expressway/I-87), and close to subway stations (4, D, and B trains), offering easy access to both Manhattan and New Jersey. The lot size is 5, 000 sq. ft. (50 ft x 100 ft) with a ground elevation of 113 ft. Zoned R7-1, the property has a Residential FAR of 3.44 and a Facility FAR of 4.8. The FAR as built is 0.43, with a maximum usable floor area of 17, 200 sq. ft. and usable floor area as built of 2, 150 sq. ft. There is unused FAR of 15, 050 sq. ft., offering significant redevelopment potential. This is a fantastic opportunity for developers and investors looking to capitalize on a prime location in a rapidly growing area.

Key Facts

  • Lot Size: 0.1148
  • Lot Sq Ft: 5000
  • Taxes: $1,000
  • Business Type: Multi-Family
  • School District#: 1
  • School District: Contact Agent
  • Block: 2525
  • Lot: 16

Additional Features

Interior & Utilities

  • Water: Public
  • Sewer: Public Sewer

Financial

  • Taxes: $1,000
  1. Presented by

    Brian Phillips Team - Douglas Elliman

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