Industrial Development
For Sale
Contact for pricing
988 University Avenue, Bronx, NY 10452
Zoned M1-5 industrial lot with a community facility bonus and transit-accessible location in the Bronx.
Property SizeContact for details
Lot Size0.24 Acres
Days on Market120
Property Features for 988 University Avenue
General Information
Standard status
Active
Lot size
0.24 Acres
Property subtype
Land
Zoning
M1-5
Additional Details
Highway Access
Yes
Listing Agency:
Cushman & Wakefield New York
Listed By:
Josh Neustadter · License #NY 10401302418
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 20 at 4:22PM
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 Cushman & Wakefield New York
Investment Insights
Based on property information with market context.
The offering is for 988 University Avenue, an industrial development site located in the Highbridge neighborhood of the Bronx. The property is an approximately 125’ x 83’ lot zoned M1-5, with approximately 53,225 buildable square feet. A community facility bonus increases the FAR to 6.5, which allows for up to approximately 69,193 buildable square feet.
The site is positioned on the east side of University Avenue between West 161st Street and West 165th Street. It is within walking distance of the 167th Street Station (served by the 6 train) and the 161st Street – Yankee Stadium station (served by the B, D, and 4 lines). Easy access to major regional roadways includes the Major Deegan Expressway, Macombs Dam Bridge, George Washington Bridge, Harlem River Drive, and Cross Bronx Expressway.
This zoning and access profile supports future development on the site, with buildable floor area determined under the M1-5 zoning and the stated FAR adjustment.
The site is positioned on the east side of University Avenue between West 161st Street and West 165th Street. It is within walking distance of the 167th Street Station (served by the 6 train) and the 161st Street – Yankee Stadium station (served by the B, D, and 4 lines). Easy access to major regional roadways includes the Major Deegan Expressway, Macombs Dam Bridge, George Washington Bridge, Harlem River Drive, and Cross Bronx Expressway.
This zoning and access profile supports future development on the site, with buildable floor area determined under the M1-5 zoning and the stated FAR adjustment.
Key Highlights
- 125’ x 83’ lot on the east side of University Avenue in the Highbridge neighborhood (between W 161st St and W 165th St).
- Zoned M1‑5 with approximately 53,225 buildable SF and a community facility bonus increasing FAR to 6.5.
- Maximum potential of approximately 69,193 buildable SF with the community facility bonus.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
7,163
Businesses Nearby
Explore this area
Business Placement
Demographics for 10452, NY
77,564
Population
28,854
Households
2.7
Avg Household Size
35
Median Age
14%
College-Educated
71%
High-School Grad
1.0 sq mi
ZIP Area
77,564
Density / Sq Mi
$37,854
Median Household Income
$32,732
Median Earnings
$1,367
Median Rent
$263,000
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial land - Zoned M1-5 industrial lot with a community facility bonus and transit-accessible location in the Bronx.
Where is this industrial land located?
The property is located at 988 University Avenue Bronx, NY.
What are key features of this property?
This property features: 125’ x 83’ lot on the east side of University Avenue in the Highbridge neighborhood (between W 161st St and W 165th St).; Zoned M1‑5 with approximately 53,225 buildable SF and a community facility bonus increasing FAR to 6.5.; Maximum potential of approximately 69,193 buildable SF with the community facility bonus.
