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3242 Riverdale Ave

0.25 Acres of Commercial Land Offered at £2,274,789 in Bronx, NY 10463

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Investment Highlights

Prime Redevelopment Location on Riverdale Avenue
Steps away from multiple public transportation stops

In close proximity to many restaurants and retail stores

Executive Summary

Reduced Pricing- Now $90 PBSF, A development site with an as-of-right zoning entitlement to 32,445 residential buildable SF. The density allowance can be further increased to 51,912 SF with the inclusion of a community facility component.
Take advantage of the newly passed 485X Tax Abatement. Great location in Riverdale.
Delivered Vacant

View Listing Brochure

NYL24516

Property Facts

Price	£2,274,789	Property Type	Land
Sale Type	Investment	Property Subtype	Commercial
No. Lots	1	Total Lot Size	0.25 AC

Price	£2,274,789
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Total Lot Size	0.25 AC

1 Lot Available

Lot

Price	£2,274,789	Lot Size	0.25 AC
Price Per AC	£9,162,266

Price	£2,274,789
Price Per AC	£9,162,266
Lot Size	0.25 AC

A development site with an as-of-right zoning entitlement to 32,445 residential buildable SF. The density allowance can be further increased to 51,912 SF with the inclusion of a community facility component

Description

Riverdale is an upscale, family-friendly, attractive neighborhood along the Hudson River. Riverdale was once a summer retreat for wealthy New Yorkers, who built large estates and Tudor-style mansions along the cliffs overlooking the Hudson River and the Palisades. Many of these properties still remain, which lends an upscale, polished atmosphere to the neighborhood's windy, tree-lined streets. With its wide lawns, quiet residential streets, and colorful main commercial drag along Riverdale Avenue, the neighborhood has a friendly, small-town vibe.

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Walk Score ®

Walker's Paradise (97)

Transit Score ®

Excellent Transit (88)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

zoning

Zoning Code	R6
R6

Listing ID: 31715720
Date on Market: 06/05/2024
Last Updated:
Address: 3242 Riverdale Ave, Bronx, NY 10463

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3242 Riverdale Ave, Bronx, NY for sale Building Photo- Image 1 of 3 — Primary Photo

3242 Riverdale Ave, Bronx, NY for sale Plat Map- Image 2 of 3 — Plat Map

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