Kingdom Connection Realty, LLC is pleased to present the opportunity to acquire a two-lot development assemblage located at 1876 and 1880 University Avenue in the Bronx, New York. The properties are located mid-block on a corridor that has already been developed with multiple mid-rise multifamily buildings.The assemblage totals approximately 7,747 square feet and is located in an R7-1 zoning district, allowing for mid-rise multifamily development. Based on preliminary zoning analysis, the site may support approximately 26,000 to 31,000 buildable square feet, making it suitable for a 5-8 story multifamily building.This offering represents one of the remaining underbuilt assemblage opportunities on a block that has already seen significant multifamily development.
Estimated Payment
$ 21,899.76 per month $20,226.18 Principal & Interest $506.92 Property Tax $1,166.67 Homeowner's InsuranceListing By
Agency Name: Kingdom Connection Realty LLC
Agency Phone: 347-210-0405
Shown By
Agent Name: Timothy Sullivan
Agent Phone: (516) 302-8500
Agency Title: Coldwell Banker American Homes
1876 University Avenue | MLS# 978243
This land located at 1876 University Avenue , Bronx, NY 10453 is currently listed for sale with an asking price of $4,000,000. The property has approximately 0.09 Acres. University Avenue is located within the Bronx 10 school district. Search Bronx real estate on timothysullivan.cbamhomes.com today.