3149 Buhre Ave, Bronx, NY 10461

DEVELOPMENT SITE FOR SALE. CORNER LOT - HIGH POTENTIAL. UNOBSTRUCTED VIEWS - CHARGE PREMIUM RENTS. SOUTH FACING - LEASE UP FAST. *SUMMARY* Lot Dimensions: 30.58 ft x 106.25 ft. Zoning is R7-1. Buildable SF As of Right is 12,996 SF with FAR 4.0 (wide street). Can go even higher on total buildable SF using Voluntary Qualifying Affordability Housing Bonus: 16,277 SF buildable on FAR of 5.01. Bonus allows 937 SF of QA housing and 2,344 SF of addition standard housing . Lot coverage of 100% is required, as well as a 30ft rear yard. Located on a wide street, conveniently near the 6 train, and Bruckner expressway. Parking requirements can be waived under the QA housing bonus. There is a nearly 100-unit active site on the next block, with other neighboring development projects in the stages of planning, on going or completed. *LOCATION* Located on the crest between The Bronx's premier neighborhoods, Pelham Bay and Country Club. Uninterrupted views over Bruckner Expressway to Pelham Bay Park (NYC's largest park) and over Pelham Bay. Ports, boats, inlets and coastal life with tree lined streets, abundant light and air with single family detached residences forming the neighborhood. A thriving and affluent middle-class economy boosts development in the area with multiple neighboring projects currently in planning and development. Across the street is the Bruckner Expressway - be in Whitestone, Queens in only 10 minutes. Walk to the Buhre Ave 6 train in 5 minutes be in Midtown Manhattan in under an hour. Busses directly across the street at Bruckner Blvd/Willow Ln Bx5, Bx24, Q50. *DEVELOPMENT INFORMATION* LOT SF: 3,249 >> ZONING: R7-1 >> FAR BASIC: 4 (wide street) >> FAR w/ HOUSING BONUS: 5.01 (QA housing) >> BUILDABLE 16,277 SF (w/ housing bonus) >> DU FACTOR: 680 >> UNITS ALLOWABLE: 19 (basic) - 24 (bonus) >> AFFORDABLE HOUSING SF: 937sf >> MAX HEIGHT ALLOWABLE: 115 ft >> NO SET BACKS UNTIL 9TH FLOOR >> 30 FT REAR YARD REQUIRED >> PARKING WAIVED W/ QA HOUSING BONUS >> AREA VACANCY RATE: 5.5%