For Sale
$1,850,000

177 Mosholu Pkwy The Bronx, NY 10467

Shovel-ready, 20-unit residential development.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 3,773 sq ft vacant lot at 177 E Mosholu Pkwy N in the Bronx, NY (zip code 10467), presents a unique opportunity for developers. Zoned R7A/R7B, it comes with approved Department of Buildings (DOB) plans for a 20-unit residential building. The plans detail a mix of studio, one-bedroom, and two-bedroom apartments, arranged with three units per floor and amenities on the ground floor. This shovel-ready project benefits from an existing 421-a tax certificate, significantly reducing development costs and streamlining the process. The asking price is $1,850,000. Detailed design documents are available upon request, allowing for immediate commencement of construction. This prime Bronx location offers excellent potential for strong rental income and capital appreciation. Don't miss this chance to acquire a fully permitted and ready-to-build multifamily development in a thriving New York City borough.

Highlights

  • 3,773 sq ft vacant lot in the Bronx, NY (10467).
  • Approved DOB plans for a 20-unit residential building (studio, 1-bedroom, & 2-bedroom units).
  • Shovel-ready project with existing 421-a tax certificate.
  • Asking price: $1,850,000.
  • Detailed design documents available upon request.

Property Details for 177 Mosholu Pkwy

Property type
Land

Location Insight

City
The Bronx
County
Bronx
State
New York
Latitude
40.8753816
Longitude
-73.8811678

FAQs

What type of property is this?
Land - Shovel-ready, 20-unit residential development.
Where is the land located?
The property is located at 177 Mosholu Pkwy The Bronx, NY.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 3,773 sq ft vacant lot in the Bronx, NY (10467).; Approved DOB plans for a 20-unit residential building (studio, 1-bedroom, & 2-bedroom units).; Shovel-ready project with existing 421-a tax certificate.
How can I contact the broker?
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177 Mosholu Pkwy
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