287 EAST 161 STREET

For Sale - Bronx - Concourse

$1,400,000

Net Operating Income: Contact Agent

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Key Details

Property Type
Mixed Use
Neighborhood
Concourse
Property Dimensions
16.67 x 46.0
Property Area
2,641 sq.ft.
Total Units:
3
Stories:
3
NOI
Contact Agent
Price
$1,400,000

Listing Description

B6 Real Estate Advisors has been retained on an exclusive basis to arrange for the sale of 287 East 161st Street in the Concourse Village neighborhood of the Bronx.

• The subject property is a mixed-use building that has been perfectly maintained with two residential units through three floors and a street-level commercial unit extension.
• Offers a development potential of 14,652 BSF for mixed-use, additionally, a developer can increase the BSF via the Inclusionary Housing program, allowing for up-to 17,524 BSF.
• The building is currently owner-operated and will be delivered vacant at closing.
• Located within minutes of many great retailers at the Concourse Plaza, courthouses and Yankee Stadium.
• Public transportation is three blocks from the B, D, 4 trains at 161st Street – Yankee Stadium station, providing direct access into Manhattan and Brooklyn.

Property Details

Block/Lot:
2421/55
Lot Dimensions
16.67 x 146.0
Lot Area
2,336 sq.ft
Zoning:
R8A
FAR as Built:
1.13
Max FAR:
6.0
D.J. JohnstonB6 Real Estate Advisors
Contact Agent Download Listing Flyer

Sales & Transactions

AddressSale PriceSale DateProperty Type
1296 SHERIDAN AVENUE$930,71706/28/2018Mixed Use
769 MELROSE AVENUE$2,450,00005/10/2018Mixed Use
630 MORRIS AVENUE$975,00003/20/2018Mixed Use
1050 CARROLL PLACE$13,622,85803/12/2018Mixed Use
726-728 COURTLANDT AVENUE$800,00003/09/2018Mixed Use
963 TELLER AVENUE$615,00002/23/2018Mixed Use
906 GERARD AVENUE$2,400,00002/12/2018Mixed Use
1302 TELLER AVENUE$270,00010/09/2017Mixed Use
869 CONCOURSE VILLAGE WE$470,00003/30/2017Mixed Use
301 E 169 STREET$450,00012/29/2016Mixed Use