790 Allerton Avenue

    Bronx, NY 10467
    • $9,900,000
    • STATUS: Active
    • ON SITE: 380 days
    • MLS #: 4740366
    UPDATED: 67 min ago
    $9,900,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Vacant Land / Lots
    Built:
    1935
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    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

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    © 2018 Hudson Gateway Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information appearing herein has not been verified by the Hudson Gateway Multiple Listing Service, Inc. or the Hudson Gateway Association of Realtors, Inc. or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose. The data relating to real estate for sale or lease on this web site comes in part from HGMLS. Real estate listings held by brokerage firms other than Keller Williams NY Realty are marked with the HGMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2018-09-22T23:15:56.81.
    www.michaeledmondteam.com/homes/76536288

    790 Allerton Avenue Bronx, NY 10467

    • Price: $9,900,000
    • Status: Active
    • Updated: 67 min ago
    • MLS #: 4740366
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    1935
    Built
    Neighborhood:
    Preliminary For 54 Unit/Retail
    County:
    Bronx
    Area:
    Bronx
    Elementary School:
    Call Listing Agent
    Middle School:
    Call Listing Agent
    High School:
    Call Listing Agent
    School District:
    Bronx
    Property Description
    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
    Exterior Features

    Lot Description Corner Lot Road Front Description Municipal Street Type Public Topography Level Water Access YN Yes

    Property Features

    Additional Fee Desc Buyer To Reinburse Seller 1% Of Sales Pr Adult55 Community No Available Utilities Phone Garbage Public Reo Bank Owned 0 Sewer Description Municipal Sq Ft Source Municipality Tax Amount 86000 Tax Source Municipality Tax Year 2016 Utilities On Abutting Site Gas Village None Water Description Municipal

    Listing courtesy of Richard Greco of Richard Greco Real Estate.

    © 2018 Hudson Gateway Multiple Listing Service, Inc. All rights reserved.


    © 2018 Hudson Gateway Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information appearing herein has not been verified by the Hudson Gateway Multiple Listing Service, Inc. or the Hudson Gateway Association of Realtors, Inc. or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose. The data relating to real estate for sale or lease on this web site comes in part from HGMLS. Real estate listings held by brokerage firms other than Keller Williams NY Realty are marked with the HGMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2018-09-22T23:15:56.81.
     
    Keller Williams NY Realty
    120 Bloomingdale Road Suite 101
    White Plains NY, 10605