3134-34 webster avenue bronx, ny - Agorafy

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3134-34 WEBSTER AVENUE BRONX, NY 10,500 SF Property with 50’ frontage

FOR SALE OR LEASE

PROPERTY FEATURES Cushman & Wakefield is pleased to present 3134-36 Webster Avenue, a two story garage building located along Webster Avenue in the Norwood neighborhood of the North Bronx. The property is currently owner occupied by two month-to-month tenants and the owner. The property has a freight elevator and a rear parking area. The site is perfect for a user or an investor/end-user looking to renovate and lease up/occupy the space. The lot is zoned C2-4/R7D with an as-of-right FAR of 4.2, allowing for 32,000 buildable square feet. Inclusionary Housing could increase that BSF to 42,678 SF. The property benefits from a deep lot, and has a full basement and backyard. The Webster Avenue commercial corridor was recently up-zoned in the past year, and there are several new developments in the immediate area, including a NYC public school directly across the street, and charter school and apartment complex to the north. This offering represents opportunity to capitalize on a rapidly growing, under-retailed corridor. Please call for more information.

BUILDING FEATURES BLOCK / LOT

3357 / 23

LOT DIMENSIONS

50’ x 160’

LOT SF

7,621

BUILDING DIMENSIONS

50’ x 105’

BUILDING SF

10,500

ZONING

C2-4/R7-D

FAR

4.2

BUILDABLE SF (AOR)

32,008

FAR W/INCLUSIONARY

5.6

BUILDABLE SF (INCLUSIONARY)

42,679

TAXES 15/16

10,000

REDUCED ASKING PRICE

$1,995,000

FOR MORE INFORMATION, PLEASE CONTACT: Karl Brumback Executive Director (212) 660 7731 [email protected]

Joshua Rubin Associate Director (212) 660 7752 [email protected]

Sam Hamlin Associate (212) 660 7719 [email protected]

CUSHMAN & WAKEFIELD 275 Madison Avenue, 3rd Floor New York, NY 10016 nyinvestmentsales.com

No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions, imposed by our client. The depiction in the above photography of any person, entity, sign, logo or property (other than Cushman & Wakefield’s client and the Property offered by Cushman & Wakefield) is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and Cushman & Wakefield or its client.