1157-1159 East Tremont & 416 Bronx Park Avenue
Land | 4,480 SqFt
Marketing description
RIPCO Real Estate has been retained on an exclusive basis to arrange for the sale of 1157-1159 East Tremont & 416 Bronx Park Avenue, a three-lot vacant development site located on the north side of East Tremont Avenue between Bronx Park and Morris Park Avenues in the West Farms section of the Bronx. The 4,480 square foot assemblage (Block 4007, Lots 20, 21 & 58) is zoned M1-1 on a wide street, permitting up to 4,480 buildable square feet for commercial (1.00 FAR) or 10,752 buildable square feet with community facility (2.40 FAR). The owner has plans for a one-story, ICAP-eligible commercial building with one to three retail spaces, and the site benefits from excellent visibility along the East Tremont retail corridor, minutes on foot from the 2/5 trains at East 180th Street and West Farms Square-East Tremont Avenue.
Investment highlights
- 4,480 SF assemblage across three lots | Zoned M1-1 on 100' wide street
- Up to 4,480 BSF for commercial or 10,752 BSF with community facility
- Plans for a one-story commercial building with 1-3 retail spaces totaling 4,456 SF (ICAP eligible)
- 4-minute walk to the 2 / 5 subway lines at East 180th Street and 6-minutes to West Farms Square station
- Lot assemblage offers two points of access to the property on both East Tremont & Bronx Park Avenue
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