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Development Opportunity in Morris Heights
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1885 University Ave, Bronx, NY 10453

Development opportunity in the Bronx with substantial growth potential.

Property SizeContact for details
Days on Market165

Property Features for 1885 University Ave

General Information

Standard status Active
Property subtype Land
Zoning R7-1
Listing Agency: Sanchez Bodden Lerner LLC
Listed By: Steve Bodden · License #NY
Source: Crexi
Added: Mar 9 Changed: Aug 8 Last Checked: Aug 18 at 10:58PM

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 Sanchez Bodden Lerner LLC

Investment Insights

Based on property information with market context.

Located at 1885 University Avenue in the Morris Heights area of the Bronx, this property presents a development opportunity. The site offers buildable square footage and potential for a Zoning Lot Development Agreement (ZLDA), allowing for creative development possibilities with the use of adjacent development areas. The property includes existing structures and open space suitable for development. There are opportunities for church-related construction within the church and across the street at the parsonage. The church seeks approximately 25 parking spaces as part of the consideration. This property is suitable for an investor seeking a project with substantial growth potential.

Key Highlights

  • Development opportunity in the Morris Heights area of the Bronx.
  • Potential for a Zoning Lot Development Agreement (ZLDA).
  • Buildable square footage available.

Property Analytics

Current Use

Calvary United Methodist ... Church

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Acupuncture HVAC Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,039
Businesses Nearby

Demographics for 10453, NY

81,951
Population
28,801
Households
2.8
Avg Household Size
34
Median Age
15%
College-Educated
69%
High-School Grad
0.9 sq mi
ZIP Area
91,057
Density / Sq Mi
$35,482
Median Household Income
$30,097
Median Earnings
$1,393
Median Rent
$580,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Development opportunity in the Bronx with substantial growth potential.
Where is this commercial land located?
The property is located at 1885 University Ave Bronx, NY.
What are key features of this property?
This property features: Development opportunity in the Morris Heights area of the Bronx.; Potential for a Zoning Lot Development Agreement (ZLDA).; Buildable square footage available.
More about this property
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