$1,300,000
$1,200,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
5,000 Sqft Lot
SOLD DATE : 04/11/2025
Key Details
Sold Price $1,300,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID KEY811823
Sold Date 04/11/25
Originating Board onekey2
Rental Info No
Annual Tax Amount $1,000
Lot Size 5,000 Sqft
Acres 0.1148
Property Description
Calling All Developers and Investors! This property, located at 1036 Summit Avenue, Bronx, NY 10452, is in the highly sought-after neighborhood of High Bridge, just minutes from Yankee Stadium. The property is conveniently situated next to major highways (including the Deegan Expressway/I-87), and close to subway stations (4, D, and B trains), offering easy access to both Manhattan and New Jersey. The lot size is 5,000 sq. ft. (50 ft x 100 ft) with a ground elevation of 113 ft. Zoned R7-1, the property has a Residential FAR of 3.44 and a Facility FAR of 4.8. The FAR as built is 0.43, with a maximum usable floor area of 17,200 sq. ft. and usable floor area as built of 2,150 sq. ft. There is unused FAR of 15,050 sq. ft., offering significant redevelopment potential. This is a fantastic opportunity for developers and investors looking to capitalize on a prime location in a rapidly growing area.
Location
State NY
County Bronx County
Interior
Fireplace No
Building
Sewer Public Sewer
Schools
Elementary Schools Contact Agent
Middle Schools Contact Agent
High Schools Contact Agent
School District Bronx
Others
Senior Community No
Special Listing Condition None
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