Property Showcase

790 Allerton AvenueBronx, NY 10467

$9,900,000
Vacant Land
  • Sqft:18,000
  • Lot:0.24 acre
  • MLS#: 4740366
40.865360260009766-73.863822937011719
Courtesy Of Richard Greco Real Estate

Description:

PRICE REDUCED TO $9,900,000 FOR THIS ONE OF A KIND DEVELOPMENT SITE WITH APPROVED PLANSDEVELOPMENT SITE CONSISTING OF 18,000 SF ZONED R6: GREAT INCOME PROJECTION: Site consists of approved plans for the construction of a 54 unit apartment complex with 17,000 SF of retail space and 23 parking spaces. Ready to go. Use ours plans or your own. Located in the heart of Pelham Parkway North/Allerton Ave, Retail strip. This gem of a property is situated near NYC Subway system (White Plains Road) proximate to high density apartment houses, high pedestrian traffic. Formerly a Pioneer Supermarket. Purchase includes 7,500 adjoining lot as part of package deal. PGI 37 1 Bedroom units at $1,500/mo or $660,000 per year plus 17 2 bedroom units at $1,900/mo or $387,600 15,000 retail at triple net lease $45,000/mo or $540,000/yr and 27 parking spaces at $200/mo or $64,800 / yr. Total Projected Gross Income Estimate of $1,652,400. Asking price for entire package $9,900,000

Main Features:

Year Built 1935 School District Call Listing Agent
School District2 Call Listing Agent School District3 Call Listing Agent
School District Bronx County bronx
Taxes $86,000.00 Tax Year 2016
Rental Price $0 Subdivision Preliminary For 54 Unit/Retail

Additional Features:

Access Road Public
Age Description Actual
Lot Description Corner Lot
Property Type Land
Road Frontage Municipal
Topography Level
Trash Removal Public
Utilities Available Phone
Utilities on Site Gas
Water Municipal
Water Access Y

Extra Features:

SQFT Source Municipality

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Hudson Gateway Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Geraldine "Gigi" Finan, are indicated by detailed information about them such as the name of the listing firms.
Information deemed reliable but not guaranteed.
Copyright© 2018 Hudson Gateway Multiple Listing Service. All Rights Reserved.
Last Updated On: 2/21/2018 7:10:50 PM

790 Allerton Avenue, Bronx, NY 10467

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The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Hudson Gateway Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Geraldine "Gigi" Finan, are indicated by detailed information about them such as the name of the listing firms.
Information deemed reliable but not guaranteed.
Copyright© 2018 Hudson Gateway Multiple Listing Service. All Rights Reserved.
Last Updated On: 2/21/2018 7:10:50 PM

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