

1517 Adee Avenue
Prime Bronx Baychester Development Site For Sale
Marketing description
Premiere Real Estate Group Inc. presents the exclusive opportunity to purchase a vacant lot located at 1517 Adee Avenue in the Baychester neighborhood of the Bronx. The site a 25’ x 95’ lot within the R4-1 zoning district. The site offers the opportunity to construct an approximately 2,375 square-foot detached two-family home. City of Yes Initiative and Housing Opportunity would raise the allowable residential FAR to 1.0.
The property is situated just off East Gunhill Road, a busy thoroughfare lined with store, restaurants and banks. The location of the property benefits from the immediate access to The Mall at Bay Plaza, a major shopping and dining corridor with numerous retailers and restaurants. Some of the retailers include the Apple Store, JCPenney, DSW, Burlington, Raymour & Flanigan and Macy’s. Commuter residents in the area also benefit from the convenient access to the 5 subway line at the Gunhill Road Station, the Hutchinson River Parkway and the Interstate 95
Investment highlights
- Block/Lot: 4766/30
- Lot Size: 25’ x 95’
- Buildable SF: 2,375 SF (Approx.)
- Zoning: R4-1
- FAR: 1.0
- Tax Class: 1B
- Property Taxes: $1,485
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