383 Morris Ave
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383 Morris Ave
4,738 Acres of Commercial Land Offered at $3,543,550 CAD 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.
Property Facts
| Price | $3,543,550 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.11 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $3,543,550 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.11 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $3,543,550 CAD | Lot Size | 4,738.00 AC |
| Price Per AC | $748 CAD |
| Price | $3,543,550 CAD |
| Price Per AC | $748 CAD |
| 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)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $243,622 CAD | Total Assessment | $243,622 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$243,622 CAD
Improvements Assessment
$0 CAD
Total Assessment
$243,622 CAD
zoning
| Zoning Code | M1-4/R7A (Residential, Designated Inclusionary Housing) |
| M1-4/R7A (Residential, Designated Inclusionary Housing) |
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Mitchel Flaherty -
Brian Whelan -
Jonathan Auerbach -
RIPCO Real Estate
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383 Morris Ave
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