177 Mosholu Pkwy The Bronx, NY 10467
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 177 Mosholu Pkwy
- Property type
- Commercial real estate
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- The Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.8811678
- Latitude
- 40.8753816