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Type:
Development
BSF:
Property Description
Investment Property Realty Group (IPRG) has been exclusively retained to sell 2486-2488 Elm Place, a development site in the Fordham section of the Bronx.
This 50 ft x 80 ft lot features two existing frame houses and offers significant redevelopment potential. The subject property offers a total buildable square footage of 13,997 BSF, which increases to 20,418 BSF under the City of Yes initiative.
The development site is within walking distance of the B ,D subway lines and Fordham Metro-North train station.
Both existing houses will be delivered vacant making it an exceptional investment opportunity.
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Block & Lot:
03023-0074,75
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Neighborhood:
Fordham
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Cross Streets:
East Fordham Rd & East 188th St
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Lot Dimensions:
50 ft x 81.67 ft
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Total Approx. BSF:
13,997
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Zoning:
R7-1, C4-4
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FAR:
3.44
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Tax Class:
1
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