860, 868 & 870 E 147th St
Industrial | 74,172 SqFt
Marketing description
The East 147th Street corridor has emerged as the definitive bridge between the historic "Hub" of the Bronx and the rapid luxury development of the Mott Haven waterfront. Historically a district characterized by low-density industrial use, the area has undergone a strategic rezoning (R7X/C1-4) designed to facilitate a high-density, mixed-use future. This shift is best exemplified by the success of immediate neighbors like MLK Plaza (869 E 147th St), which brought 165 modern residential units to the block, proving the area’s viability as a destination for both high-quality housing and essential community-centric retail.
The site at 860-870 East 147th Street sits at the epicenter of this "15-minute neighborhood" evolution. With the 6-train just two blocks away and the 35-acre St. Mary’s Park acting as a regional anchor, the corridor is no longer an industrial outlier but a vital residential hub. Developers and retail tenants are increasingly drawn to this pocket for its unique "value-add" position: it offers the foot traffic of a major transit-oriented district without the extreme congestion of 149th Street, providing a premium canvas for modern mixed-use development that serves a growing, diverse consumer base.
Investment highlights
- Strategic Location: Assemblage consists of three adjacent lots with 135.53’ of frontage along Timpson Place and East 147th Street
- Zoning Framework: Mandatory Inclusionary Housing (MIH) R7X zoning district with 6.00 FAR
- Substantial Footprint: Combined lot square footage of 12,361.68 SF allowing for 74,170 residential buildable square feet
- Comprehensive Transit Options: Exceptional transit access, located just 0.2 miles from the 6 subway line at East 149th Street, providing a direct commute to Manhattan. Served by an extensive network of local buses—including the Bx19, Bx17, Bx15, Bx4, and Bx21—connecting you quickly to The Hub and wider Bronx. Convenient to the Triborough, Third Avenue, and Willis Avenue Bridges, ensuring easy vehicular access to all boroughs.
- Vibrant Mott Haven Community: Located in the Mott Haven section of the South Bronx, a neighborhood distinguished by its rich cultural heritage and historic charm. Residents enjoy a variety of emerging local amenities, including trendy cafes, art galleries, and significant open spaces such as St. Mary’s Park
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