Property Description for 508 Van Nest Ave
Halstead Manhattan, LLC is pleased to present 500-5008 Van Nest Nest Avenue, a 10,319 SqFt corner Lot located in the Heart of the Van Nest section of The Bronx. Currently Zoned as an R5, this corner lot consists of two contiguous lots with a total buildable square footage of 20,640 SqFt, 12,900 SqFt dedicated to residential development and an additional 7,740 SqFt dedicated to community facility space. Currently, there is an application in place with the BSA, (Board of Standards & Appeals), proposing an allowance for greater residential density that would allow the buildable square footage to more than double in size to a total of 53,171 SqFt. This is based off completed architects plans that were submitted to BSA for the approval of a 47 apt condominium development which also contains parking. Van Nest is ideally situated in the East Bronx, services by Morris Park Avenue and White Plains Road as its primary commercial thoroughfares. 500 Van Nest is ideally located just a half a mile to both the Bronx River Parkway and Cross Bronx Expressway as well as a 0.2-mile walk to the E 180th Street #'s 2 and 5 train Station. Last, but not least, the site is approximately 1.7 miles away from the proposal Parkchester/ Van Nest Metro North Train-station. A project that has gained major headway in the borough, and within the community, that will connect the New Haven Line with a total of 5 East Bronx locations all the way to Penn Station. Please feel free to call, or email, for additional information.