809 Westchester Ave The Bronx, NY 10455

This exceptional mixed-use property at 809 Westchester Avenue in the Bronx, New York, presents a compelling investment opportunity. The 18,190 square foot lot boasts 200 feet of frontage along the bustling Westchester Avenue, a major retail thoroughfare with high foot traffic and a diverse mix of established national and local businesses. The property currently features a 72,760 square foot, three-story commercial building, offering investors the chance to either renovate and reposition the existing structure or pursue new development. Zoned R6/C1-4, the site allows for significant expansion, with 54,450 buildable square feet as-of-right and a potential 87,120 square feet under community facility zoning. Its prime corner location at the intersection of Prospect and Westchester Avenues provides exceptional visibility and accessibility, further enhanced by its proximity to the 2 and 5 subway lines. Recent developments in the area have achieved impressive rental rates, averaging $61 per square foot, highlighting the strong market demand and potential for significant returns. Built in 1925 and renovated in 2013, this property offers a unique blend of history and modern potential, making it an ideal investment for developers and investors seeking a high-impact project in a rapidly growing area. The total square footage of the building is 87,120.