$2,000,000

DEVELOPMENT SITE FOR SALE. CORNER LOT - HIGH POTENTIAL ENVELOPE. UNOBSTRUCTED VIEWS - CHARGE PREMIUM RENTS. SOUTH FACING - LEASE UP FAST. Located on the crest between The Bronx's premier neighborhoods, Pelham Bay and Country Club. Uninterrupted views over Bruckner Expressway to Pelham Bay Park (NYC's largest park) and over Pelham Bay. Ports, boats, inlets and coastal life with tree lined streets, abundant light and air with single family detached residences forming the neighborhood. A thriving and affluent middle-class economy boosts development in the area with multiple neighboring projects currently in planning and development. Across the street is the Bruckner Expressway - be in Whitestone, Queens in only 10 minutes. Walk to the Buhre Ave 6 train in 5 minutes be in Midtown Manhattan in under an hour. Busses directly across the street at Bruckner Blvd/Willow Ln Bx5, Bx24, Q50. DEVELOPMENT INFORMATION: LOT SF: 3,249 >> ZONING: R7-1 >> FAR BASIC: 4 (wide street) >> FAR w/ HOUSING BONUS: 5.01 (QA housing) >> BUILDABLE 16,277 SF (w/ housing bonus) >> DU FACTOR: 680 >> UNITS ALLOWABLE: 19 (basic) - 24 (bonus) >> AFFORDABLE HOUSING SF: 937sf >> MAX HEIGHT ALLOWABLE: 115 ft >> NO SET BACKS UNTIL 9TH FLOOR >> 30 FT REAR YARD REQUIRED >> PARKING WAIVED W/ QA HOUSING BONUS >> AREA VACANCY RATE: 5.5%