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Type:
Development
BSF:
Property Description
Investment Property Realty Group (IPRG) has been exclusively retained to sell 3850 Cannon Place. The subject property is located between West 238th Street and Orloff Avenue in the Kingsbridge Heights/Van Cortlandt Village section of the Bronx.
The existing property is a two-family home situated on an oversized 127.5 ft x 117 ft lot totaling approximately 14,599 square feet. Zoned R4A, the site offers the ability to develop multiple detached single or two-family homes, with parking, making it a rare opportunity for developers.
The property is located within walking distance to the 1 train at both the 238th Street and 231st Street stations and is close to the Broadway retail corridor. Access to the Major Deegan Expressway is a 1 minute drive. The neighborhood continues to see significant investment, highlighted by Tishman Speyer’s 339-unit residential development at 160 Van Cortlandt Park South, just blocks away.
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Block & Lot:
03263-0244
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Neighborhood:
Kingsbridge Heights-Jerome Park
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Cross Streets:
West 238th & Van Courtlandt Avenue
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Lot Dimensions:
127.5 ft x 117 ft
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Total Approx. BSF:
14,599
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Zoning:
R4A
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FAR:
1.0
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Tax Class:
1
