2330 Cambreleng Avenue
$2,750,000, 44,770 Sqft .22 Acres
About This Property
Amazing chance to develop on a designated Opportunity Zone lot in the heart of the Little Italy section of the Bronx. The offering is for a package of a vacant 75' by 100' lot on Cambreleng Avenue and the air rights for an abutting 1,950 sq. ft. lot currently improved with a 2,574 sq. ft. three family home on Beaumont Avenue. Located in a R7-1 zone, the ideal use for a developer would be affordable independent residences for seniors (AIRS) which allows a FAR of 5.01 granting the builder approximately 44,770 buildable square feet. At $67/BSF, the development gives the developer a great opportunity to maximize returns. Ideally located in the middle of Little Italy, the property is walking distance to major Bronx attractions such as Fordham University, the Bronx Zoo and the New York Botanical Garden as well as being a short distance from Arthur Avenue and St. Barnabas Hospital.
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Listing information last updated on April 19th, 2019 at 10:13am CDT.