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1602 Hering Avenue, Bronx, NY 10461
Vacant and improved adjacent lots in an R4 district with DOB-approved drawings for medical or residential development.
Property Size1,642 SF
Lot Size0.17 Acres
Price / SF$1,090
Days on Market56
Property Features for 1602 Hering Avenue
General Information
Standard status
Active
Size
1,642 SF
Lot size
0.17 Acres
Property subtype
Land, Mixed Use
Zoning
R4
Investment Type
Redevelopment
Building Details
Buildings
1
Listing Agency:
Marcus & Millichap - Manhattan
(646) 345-7000
Listed By:
Albert Paniccia · License #2222
Source:
Crexi
Added: Jun 16
Changed: Aug 8
Last Checked: Jun 19 at 3:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Manhattan
Investment Insights
Based on property information with market context.
The Morris Park Assemblage presents two combined lots offering a development footprint of 7,500 square feet. The offering includes a 50-foot wide vacant parcel and an adjacent improved lot, with significant frontage on Hering Avenue. DOB-approved drawings are included, supporting planned buildout options.
The site is located in an R4 Zoning District. The property is described as having dual-track development potential, including capacity for a high-density Community Facility (Medical) use, as well as the dimensions and zoning fundamentals for three residential buildings containing three two-bedroom apartments.
This assemblage is best suited for buyers seeking a development-ready property with permitting documentation already prepared, along with clear zoning-based paths for either medical-oriented community facility development or multi-building residential construction.
The site is located in an R4 Zoning District. The property is described as having dual-track development potential, including capacity for a high-density Community Facility (Medical) use, as well as the dimensions and zoning fundamentals for three residential buildings containing three two-bedroom apartments.
This assemblage is best suited for buyers seeking a development-ready property with permitting documentation already prepared, along with clear zoning-based paths for either medical-oriented community facility development or multi-building residential construction.
Key Highlights
- Development assemblage includes a 50‑foot wide vacant parcel plus an adjacent improved lot
- Total site footprint is 7,500 SF with significant frontage on Hering Avenue
- DOB‑approved drawings included for the proposed development
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,694
Businesses Nearby
Explore this area
Business Placement
Demographics for 10461, NY
54,901
Population
20,418
Households
2.7
Avg Household Size
38
Median Age
27%
College-Educated
82%
High-School Grad
2.4 sq mi
ZIP Area
22,875
Density / Sq Mi
$65,023
Median Household Income
$45,445
Median Earnings
$1,741
Median Rent
$640,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant and improved adjacent lots in an R4 district with DOB-approved drawings for medical or residential development.
Where is this residential land & home lot located?
The property is located at 1602 Hering Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,790,000.
What are key features of this property?
This property features: Development assemblage includes a 50‑foot wide vacant parcel plus an adjacent improved lot; Total site footprint is 7,500 SF with significant frontage on Hering Avenue; DOB‑approved drawings included for the proposed development
