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East 165th Street Assemblage

Bridge Property Advisors has been exclusively retained to market The East 165th Street Assemblage (the “Site”) in the Morrisania neighborhood of the Bronx for sale, ground lease or joint venture.

Comprised of Lots 45, 46, 47, 48, 49, 50, 51, 52, 54, 55, 56, 57, 63 and a portion of Lot 1, the Site measures 320’ x 108’ with a footprint of approximately 34,560 SF, spanning the entire blockfront of East 165th Street between Union and Prospect Avenues. The Site will also contain the unused development rights of Lots 1, 34, 35 and 43. All tax lots will be merged to create one zoning lot containing approximately 128,676 SF. The site offers a total of 306,498 BSF for residential use under Height Factor regulation or 618,128 BSF for community facility.

Property Overview

Address : East 165th Street Assemblage, Bronx, NY 10459
Lot SF : 34560
Block_Lot : 2679_45, 46, 47, 48, 49, 50, 51, 52, 54, 55, 56, 57, 63 and a portion of 1
Building SF : 0

Zoning

Zoning : R6
FAR : 2.38-4.80
Total Buildable SF : 306,498-618,129

Taxes

Assessment : $827,348 (Combined)
Taxes : $83,280 (Combined)
Tax Rate : 10.694%

Attachments

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Brian T. Leary
bleary@bridgepany.com (718) 906-6660
Brian Leary
bleary@bridgepropertyadvisors.com (718) 906-6660
Jidan Kim
jkim@bridgepany.com (718) 906-6662
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