340 Brook Avenue, New York City, NY 10454

340 Brook Avenue is a prime development opportunity in the heart of Mott Haven's revitalization. This shovel-ready 2,500 square foot vacant lot (25' x 100') is located just off the corner of East 141st Street and offers excellent development potential. The property is zoned R6, allowing for 7,500 buildable square feet as-of-right, with the potential to increase to 9,750 buildable square feet utilizing the Uniform Area Plan (UAP). Ideally situated just 3 short blocks from the Brook Avenue (6) subway station, the property offers seamless 2-stop commute access to Manhattan and easy connectivity throughout the Bronx. The neighborhood is experiencing significant revitalization with new residential inventory, schools, and several parks nearby. The asset benefits from minimal holding costs with projected real estate taxes of only $469 annually, making it an attractive investment for developers seeking a prime location in an emerging market.

Shovel-ready vacant lot ready for immediate development R6 zoning with 7,500 buildable SF as-of-right Potential to increase to 9,750 buildable SF with UAP Just 3 blocks from Brook Avenue (6) subway station Seamless 2-stop commute to Manhattan Located in heart of Mott Haven's revitalization Surrounded by new residential inventory, schools, and parks Extremely low carrying costs with only $469 annual real estate taxes Prime location in emerging market with strong growth potential