Type:
Mixed Use
Units:
Investment Property Realty Group (IPRG) has been exclusively retained to arrange the sale of 660 East 187th Street, a five-story mixed-use building in the Belmont section of the Bronx.
The property consists of 27 residential apartments and two commercial spaces, including one studio, nine one-bedrooms, twelve two bedrooms, and five three-bedrooms.
The building recently suffered a fire and is currently fully vacant with a vacate order. The property presents an opportunity for a full gut renovation and substantial rehabilitation, with the potential to reposition the residential units as free-market, subject to applicable requirements.
Located on East 187th Street between Cambreleng Avenue and Belmont Avenue, the property measures approximately 50’ x 88’, totaling approximately 18,640 square feet.
The property is also conveniently located near Fordham Metro-North Station, providing access to Grand Central Terminal in approximately 20 minutes.
Block & Lot:
3074-0047
Neighborhood:
Belmont
Cross Streets:
Cambreleng Avenue & Belmont Avenue
Building Dimensions:
50 ft x 88 ft
Lot Dimensions:
50 ft x 97.25 ft
Units:
29
Zoning:
R6
FAR:
3.0
Tax Class:
2