1517 Adee Ave The Bronx, NY 10469
Premiere Real Estate Group Inc. presents the exclusive opportunity to purchase a vacant lot located at 1517 Adee Avenue in the Baychester neighborhood of the Bronx. The site a 25’ x 95’ lot within the R4-1 zoning district. The site offers the opportunity to construct an approximately 2,375 square-foot detached two-family home. City of Yes Initiative and Housing Opportunity would raise the allowable residential FAR to 1.0. The property is situated just off East Gunhill Road, a busy thoroughfare lined with store, restaurants and banks. The location of the property benefits from the immediate access to The Mall at Bay Plaza, a major shopping and dining corridor with numerous retailers and restaurants. Some of the retailers include the Apple Store, JCPenney, DSW, Burlington, Raymour & Flanigan and Macy’s. Commuter residents in the area also benefit from the convenient access to the 5 subway line at the Gunhill Road Station, the Hutchinson River Parkway and the Interstate 95
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.