Building Details

Stories 14

Listing Agency: Concourse Realty Partners d***@concourserealtypartners.com Show Phone

Listed By: David Simone · License #NY 10491207518

Source: Crexi

Added: Apr 10 Changed: Aug 8 Last Checked: Apr 10 at 9:42PM

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Investment Insights

Based on property information with market context.

This shovel-ready development site comes with seller-approved plans for a 14-story, 61,140-square-foot apartment building. The plan includes approximately 2,381 square feet of commercial space on the ground floor, along with a residential entrance. Parking is shown on the second floor with indoor and outdoor spaces, accessed from the rear of the property, and the remaining 12 residential floors total 48 units across approximately 58,757 square feet.

The property is located on Riverdale Avenue in the Riverdale neighborhood, positioned between West 238th Street and West 236th Street. Public remarks note access to major roadways and mass transportation.

The seller has approved plans for the full development as described, supporting a straightforward path for an investor or developer to move forward with entitlements and construction planning.

Key Highlights

• Shovel‑ready development site on Riverdale Avenue between W 238th St and W 236th St in the Riverdale neighborhood of NYC.
• Seller‑approved plans for a 14‑story, 61,140 SF apartment building.
• Approved plans include approx. 2,381 SF ground‑floor commercial space plus a residential entrance.

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply HVAC Service Hotel & Motel Kitchen & Bath Showroom

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

Lease Details

48

Residential units

Location Intelligence

Trade Area within ½ mile

1,014

Businesses Nearby

Explore this area Business Placement

Demographics for 10463, NY

71,301

Population

30,602

Households

2.3

Avg Household Size

41

Median Age

44%

College-Educated

85%

High-School Grad

2.8 sq mi

ZIP Area

25,465

Density / Sq Mi

$72,952

Median Household Income

$48,409

Median Earnings

$1,611

Median Rent

$352,200

Median Home Value

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - Shovel-ready development site with approved plans for a 14-story apartment building featuring ground-floor commercial space.

Where is this residential land & home lot located?

The property is located at 3745 Riverdale Ave Riverdale, NY.

What are key features of this property?

This property features: Shovel‑ready development site on Riverdale Avenue between W 238th St and W 236th St in the Riverdale neighborhood of NYC.; Seller‑approved plans for a 14‑story, 61,140 SF apartment building.; Approved plans include approx. 2,381 SF ground‑floor commercial space plus a residential entrance.