Listed by RIPCO Real Estate
$1,400,000
63 Audubon Avenue
Details
APN 2125/29
Property Type Land
Sub Type Commercial
Square Footage 2,375
NOI $475,159
Price per SqFt $147
Lot Size (SqFt) 2,375
Zoning R7-2
Investment Type Redevelopment
Land | 2,375 SqFt
Marketing description
Vacant Lot With Plans For Medical In The Heart Of Columbia Presbyterian Healthcare Corridor
Investment highlights
- Lot: 2,375 SF | 25.5' x 95' vacant lot
- Zoning: R7-2 zoning | 9,500 BSF for residential, 11,900 BSF with City of Yes, and 15,438 BSF for Community Facility
- Transportation: One block to the A, C & 1 subway trains, and M2, M3, M100 & Bx7 bus lines; Immediate access to the George Washington Bridge, Cross Bronx Expressway, Harlem River Drive & Henry Hudson Parkway
- Location: Strategically located on the campus of Columbia / Presbyterian Medical Center; Nearby strong neighborhood retail along Broadway Amsterdam Avenue
- Use: Ideal for ground-up residential or community facility development; Zoning district allows lower floor ambulatory doctors' offices and upper floor non-profit institution with sleeping accommodations; No parking is required for medical use
- Plans: Due diligence includes; survey and plans for a seven-story medical building
Listing Contacts
Listed by RIPCO Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$475,159.00
$39,596.58/mo
Valuation Metrics
0
DSCR
33.94%
Cap Rate
33.94%
ROI
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