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  • Price$9,900,000
  • Sq. Ft.18,000
  • Acres0.24
  • Built1935
  • Est. Tax$86,000

790 Allerton Avenue, Bronx

PRICE REDUCED TO $9,900,000 FOR THIS ONE OF A KIND DEVELOPMENT SITE WITH APPROVED PLANSDEVELOPMENT SITE CONSISTING OF 18,000 SF ZONED R6: GREAT INCOME PROJECTION: Site consists of approved plans for the construction of a 54 unit apartment complex with 17,000 SF of retail space and 23 parking spaces. Ready to go. Use ours plans or your own. Located in the heart of Pelham Parkway North/Allerton Ave, Retail strip. This gem of a property is situated near NYC Subway system (White Plains Road) proximate to high density apartment houses, high pedestrian traffic. Formerly a Pioneer Supermarket. Purchase includes 7,500 adjoining lot as part of package deal. PGI 37 1 Bedroom units at $1,500/mo or $660,000 per year plus 17 2 bedroom units at $1,900/mo or $387,600 15,000 retail at triple net lease $45,000/mo or $540,000/yr and 27 parking spaces at $200/mo or $64,800 / yr. Total Projected Gross Income Estimate of $1,652,400. Asking price for entire package $9,900,000

Essential Information

  • MLS® #4740366
  • Price$9,900,000
  • Bathrooms0.00
  • Square Footage18,000
  • Acres0.24
  • Year Built1935
  • TypeLand
  • StatusActive

Amenities

  • UtilitiesGas

School Information

  • DistrictBronx
  • Elementarycall Listing Agent
  • Middlecall Listing Agent
  • Highcall Listing Agent

Community Information

  • Address790 Allerton Avenue
  • AreaBronx
  • SubdivisionPreliminary for 54 unit/r
  • CityBronx
  • CountyBronx
  • StateNY
  • Zip Code10467

Exterior

  • Lot DescriptionCorner Lot

Listing Details

  • Listing Courtesy ofRichard Greco Real Estate
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Listing information last updated on February 16th, 2019 at 11:58pm EST.