Exclusive-Bronx Redevelopment Site

Select Real Equity Advisors, LLC has been appointed Exclusive Broker for the sale of 1321 Webster Avenue, Bronx, New York, a ± 19,000 SF development parcel. 1321 Webster Avenue is at the northwest corner of 169th Street with a traffic light. The property has ± 197 foot frontage on Webster Avenue and ± 100 foot depth. The property is currently operating as a BP Gas Station and that lease expires in September, 2015. Negotiations are underway to have the underground storage tanks removed and a no further action letter from NYSDEC for a previous spill clean up when new tanks were put in during 1998.

The property has R7-1 Residential Zoning with a C2-4 Commercial Overlay as per the enclosed zoning information from the New York City zoning website.


Additional Information

ZONING: R7-1 Residential/C2-4 Commercial Overlay

TAXES: 48,785

BLOCK: 2887

LOT #: 179

Lot Size: 19,700 SF

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