368 East 152nd Street

For Sale$2,300,000

368 East 152nd Street, The Bronx, NY 10455

  • Land

368 East 152nd Street, The Bronx, NY 10455 - Land Space

368 East 152nd Street is located at 368 East 152nd Street in the Melrose neighborhood, NY, The Bronx, 10455. The Land building features a total of 6,325 Sqft.

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Details

  • Sale Price $2,300,000
  • City The Bronx
  • Neighborhood Melrose
  • Zip Code 10455
  • Market Bronx
  • Property Type Land
  • Property Size 6,325 Sqft
  • Lot Size 6,325 Sqft
  • Parking Spaces Avail. 8
  • Parking Ratio 1.26/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Date Updated 09 Dec, 2020
  • Construction Type New

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Description

Empty lot (55' x 115') zoned R7-1 at 368 East 152nd Street, a quiet street in the Melrose neighborhood of the South Bronx. Prime location for residential development. Three blocks from Bronx HUB and subway station with #2, #5 trains (at 149th street and 3rd Ave.) Property is located on the south side of 152nd Street between Cortland and Melrose. R7-1  zoning has as-of-right potential for 21,823 SF Residential (FAR 3.44) or 30,451 SF building with Community Facility (FAR 4.8).  Area is up-and-coming Bronx residential neighborhood, with many restaurants, shops, and recreational amenities.  2 supermarkets, Starbucks, major banks, hardware store, Blink gym, community garden, Citybikes, and church within 3 block radius.  20 minute commute into midtown Manhattan.  Land is in Opportunity Zone + has potential for J-51 tax abatement. Very low carrying charges and property taxes. INCLUDED IN PURCHASE: approved architecture and engineering plans for 28 unit residential building with 8 parking spots and Community Facility, boorings, survey, Phase 1 environmental, electricity on the lot.  

FREQUENTLY ASKED QUESTIONS

What is the total square footage of 368 East 152nd Street?

368 East 152nd Street totals 6,325 square feet.

Melrose Demographics

The average household income in zip code 10455 is $40,090, from a total of 14,401 households. In terms of employment, there are 79.19 % white-collar and 20.81 % blue-collar jobs in zip code 10455.

Population

  • Total Population13,972
  • Male Population(47.0 %) 6,563
  • Female Population(53.0 %) 7,410
  • Median Age32.00

Income/Financial

  • Average Household Income$47,421
  • Median Household Income$27,861
  • Median Income Under 25$31,188
  • Median Income 25-44$33,058
  • Median Income 45-64$29,482
  • Median Income Over 65$17,268

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