809 Westchester Avenue, NY
72K SF Corner Opportunity with Development and Rehab Potential
Overview
Key Highlights
- Price Price: Not Disclosed
- Zoning R6 / C1-4
- Gross SF 72,760
- Lot Size 18,190 SF
- Buildable SF 87,120 (CF)
Investment Highlights
• Corner development opportunity with 54,450 (As of Right) and 87,120 (Community Facility) buildable square feet
• 18,190 square foot lot with 200 feet of frontage along a major retail thoroughfare, Westchester Avenue
• Currently a 72,760 square foot 3-story commercial building that provides the opportunity for investors to convert/rehab the existing structure
• High foot traffic retail corridor along Westchester Avenue, featuring an abundance of both credit tenants and local retailers
• Situated steps from the 2 and 5 subway lines on the corner of Prospect and Westchester Avenues
• Recent new developments in the area have achieved an average of $61 per square foot in rents
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