673 187th St New York, NY 10033
- Gas stations
- 2,373 SF
- 0.05 lot acres
Current Use by Public Records
- Gas stations
Property Details for 673 187th St
- Year built
- 1950
- Lot size
- 0.05 lot acres
- Property size
- 2,373 SF
- Zone code
- R7-2
- Property type
- Gas stations
- APN
- 02170-0035
- APU
- 21700035
Description
This exceptional 2,373 square foot development site, located at 673 W 187th St, New York, NY 10033, presents a unique investment opportunity. Zoned R7-2 and C2-4, the property boasts approved plans for a six-story residential building encompassing 8,665 square feet and twelve units, complete with an elevator. The site measures 25 feet wide by 94.92 feet deep, offering significant potential for a high-density residential project. Its strategic location in a Qualified Opportunity Zone provides substantial tax advantages. Conveniently situated just a short distance from the 1 train at 191st Street and the A train at 181st Street, the property enjoys excellent public transportation access. Furthermore, its proximity to Yeshiva University, The Milstein Hospital Building, and New York-Presbyterian Medical Center ensures high demand and strong rental potential. The approved plans are available for review upon request, allowing for a streamlined development process. This is an exceptional opportunity to capitalize on the thriving Washington Heights real estate market. The asking price for this remarkable development site is $1,550,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9331
- Latitude
- 40.8542
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
