DEVELOPMENT - COMMERCIAL SITE FOR SALE 1774-6 Nereid Avenue Wakefield, The Bronx
Property Description: Massey Knakal is pleased to present 1774-6 Nereid Avenue. The property is located on the corner lot at the intersection of Nereid Avenue, Barnes Avenue & Gunther Avenue just east of White Plains Road in the Wakefield neighborhood of the North Bronx. The lot is currently operating as a repair garage. The entire lot is approx 10,500 SF, and contains a small garage building of ~1,375 SF. The property is zoned R4-1, with an FAR of .9, offering approx 9,450 BSF. Please call for more information, including a survey and complete environmental documentation.
ASKING PRICE: $900,000 Block/Lot: Lot Size SF: Lot Dimensions: Zoning: FAR (Residential/Comm. Facil): Buildable SF Resid: Assessment (14/15): Taxes (14/15):
5051/45 10,500 123' x 90' R4-1 0.9 9,450 $90,540 $9,337
Please contact exclusive agents:
Karl Brumback
Joshua Rubin
Senior Vice President of Sales 212-660-7731
[email protected] Director of Sales 212-660-7752
[email protected] The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.
275 Madison Avenue • Third Floor • New York, NY 10016 • 212.696.2500 • Fax 212.696.0333 www.masseyknakal.com THE BRONX
BROOKLYN
MANHATTAN
NASSAU
QUEENS
STATEN ISLAND
WESTCHESTER