Bronx, NY 10452,1036 Summit AVE

$1,300,000

$1,200,000

8.3%
Est.Price: ?

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Est. payment /mo

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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Listed by Baez Real Estate, Inc.
Bought with Baez Real Estate, Inc.
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