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383 Morris Ave

4,738 Acres of Commercial Land Offered at £1,961,025 in Bronx, NY 10451

Investment Highlights

  • Prime 4,738 SF corner lot located in Mott Haven
  • Located in NYC’s most active development zone including projects from Brookfield and RxR
  • Tax Benefits • Benefits from being in a Qualified Opportunity Zone (QOZ) • Eligible for Brownfield Cleanup Program (BCP)
  • Zoned M1-4/R7A, MX-13, allowing for 18,952 BSF for residential as of right, and 21,795 BSF for Designated Inclusionary Housing
  • Steps to 4 & 5 Subway providing access to Midtown Manhattan in 12 minutes

Executive Summary

RIPCO REAL ESTATE has been exclusively hired to handle the sale of 383 MORRIS AVENUE — situated in the Mott Haven neighborhood of the Bronx, located on the south-west corner of Morris Avenue and East 143rd Street. This is a 4,738 SF corner-lot assemblage and is zoned M1-4/R7A, MX-13, allowing for 18,952 buildable square feet for residential as of right, and 21,795 buildable square feet for Designated Inclusionary Housing.

Attachments

383 Morris Ave_Bronx

Property Facts

Price £1,961,025 Property Subtype Commercial
Sale Type Investment Proposed Use
Retail
  • Community Centre
  • Medical
No. Lots 1 Total Lot Size 0.11 AC
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price £1,961,025
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Community Centre
  • Medical
Total Lot Size 0.11 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price £1,961,025 Lot Size 4,738.00 AC
Price Per AC £414
Price £1,961,025
Price Per AC £414
Lot Size 4,738.00 AC

PRICE PER BSF $115

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Walk Score ®
Walker's Paradise (94)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (77)
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

PROPERTY TAXES

Parcel Numbers
Multiple
  • 02334-0066
  • 02334-0063
  • 02334-0062
 Improvements Assessment £0
Land Assessment £135,052 Total Assessment £135,052

PROPERTY TAXES

Parcel Numbers
Multiple
  • 02334-0066
  • 02334-0063
  • 02334-0062
Land Assessment
£135,052
Improvements Assessment
£0
Total Assessment
£135,052

zoning

Zoning Code M1-4/R7A (Residential, Designated Inclusionary Housing)
M1-4/R7A (Residential, Designated Inclusionary Housing)
(917) 348-0242

  • Listing ID: 34132928

  • Date on Market: 09/12/2024

  • Last Updated:

  • Address: 383 Morris Ave, Bronx, NY 10451

The Land Property at 383 Morris Ave, Bronx, NY 10451 is currently available For Sale. Contact RIPCO Real Estate for more information.

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© 2024 CoStar Group

383 Morris Ave
(917) 348-0242 x

383 Morris Ave

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Mitchel Flaherty

(917) 348-0242

(917) 348-0242

Brian Whelan

(201) 966-5918

(201) 966-5918

Jonathan Auerbach

(212) 750-6565

(212) 750-6565

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