177 Mosholu Pkwy, The Bronx, NY 10467
This exceptional 3,773 sq ft vacant lot at 177 E Mosholu Pkwy N in the Bronx, NY (zip code 10467), presents a unique opportunity for developers. Zoned R7A/R7B, it comes with approved Department of Buildings (DOB) plans for a 20-unit residential building. The plans detail a mix of studio, one-bedroom, and two-bedroom apartments, arranged with three units per floor and amenities on the ground floor. This shovel-ready project benefits from an existing 421-a tax certificate, significantly reducing development costs and streamlining the process. The asking price is $1,850,000. Detailed design documents are available upon request, allowing for immediate commencement of construction. This prime Bronx location offers excellent potential for strong rental income and capital appreciation. Don't miss this chance to acquire a fully permitted and ready-to-build multifamily development in a thriving New York City borough.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.