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
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