Waterfront Development Site in
For Sale
Contact for pricing
188 E 135th St, Bronx, NY 10451
Premier waterfront development site in Mott Haven neighborhood of the Bronx.
Property SizeContact for details
Lot Size0.58 Acres
Days on Market147
Property Features for 188 E 135th St
General Information
Standard status
Active
Lot size
0.58 Acres
Property subtype
Land
Zoning
R7-2, C2-4
Investment Type
Value Add
Listing Agency:
RIPCO Real Estate
(917) 348-0242
Listed By:
Jake Shapiro · License #10401328541
Source:
Crexi
Added: Mar 27
Changed: Aug 18
Last Checked: Aug 19 at 4:34PM
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 RIPCO Real Estate
Investment Insights
Based on property information with market context.
This waterfront development site is located in the Mott Haven neighborhood of the Bronx. The property spans 25,464 square feet and is zoned R7-2, C2-4, (HRW), offering a maximum FAR of 4, which translates to 176,588 buildable square feet (including obtained air rights). This site is suitable for residential, mixed-use, and community facilities. It is situated within a Qualified Opportunity Zone, providing potential tax benefits for developers, and is enrolled in the Brownfield Cleanup Program (BCP) and is entitled to its credits. The property features 143 feet of frontage along East 135th Street. Its location off the Major Deegan Expressway (I-87) provides access to Midtown Manhattan, with the Third and Willis Avenue Bridges and the 2 4 5 and 6 subway lines nearby. The area is experiencing development activity, with over 9.5 million square feet and 7,300 residential units coming online. Plans exist for a 238,093 gross square foot, 25-story, 236-unit mixed use building utilizing available bonuses, the site will enable a developer to create a ground-up, high-rise, mixed-use project on the water with extensive views of the NYC skyline.
Key Highlights
- Premier waterfront development site with 176,588 buildable square feet, including air rights.
- Qualified Opportunity Zone location offering potential tax benefits, plus Brownfield Cleanup Program (BCP) enrollment and credits.
- 421a qualified, allowing for significant tax exemptions.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,167
Businesses Nearby
Explore this area
Business Placement
Demographics for 10451, NY
51,536
Population
21,850
Households
2.4
Avg Household Size
36
Median Age
21%
College-Educated
74%
High-School Grad
1.1 sq mi
ZIP Area
46,851
Density / Sq Mi
$37,111
Median Household Income
$35,765
Median Earnings
$1,269
Median Rent
$263,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Premier waterfront development site in Mott Haven neighborhood of the Bronx.
Where is this commercial land located?
The property is located at 188 E 135th St Bronx, NY.
What is the asking price?
The asking price for this property is $25,000,000.
What are key features of this property?
This property features: Premier waterfront development site with **176,588 buildable square feet, including air rights.**; Qualified Opportunity Zone location offering potential tax benefits, plus Brownfield Cleanup Program (BCP) enrollment and credits.; 421a qualified, allowing for significant tax exemptions.
