$750,000
Updated 5 years ago
Off Market

1907 Harrison Ave

University Heights, Bronx | Kingsland Place & West Burnside Ave

Development Site

$750,000
floors / apts2 / 1
Lot Size30'x99'
Built Size22'x46'
ZoneR7-1
Building TypeHouse
RE Taxes$2,146

Property Description for 1907 Harrison Ave

12,000 SF Buildable - Max Residential FAR 4.0· Excellent lot in the Opportunity Zone· Ideal for high-rent free-market new 14 unit residential building· Property abuts a greenspace park behind itExcellent & clean 3,000 SF Lot ready for quality new construction development. Quiet tree-lined residential street and just three blocks from the #4 train Burnside Ave station.Projected Income: 14 quality new construction two bedroom units at $2,100 each = $29,400 monthly/$352,800 gross annual. 8.675 CAP PotentialBlock & Lot: 2868 & 161Low Annual Taxes: $2,183.96Lot size: 30 x 99.42 FAR: 4.0Zoning: R7-1Excellent & clean 3,000 SF Lot ready for quality new construction development. Buildable SF with community facility +14,000 SF(with deduction); Buildable SF without community facility=+12,000 SFQuiet tree-lined residential street and just three blocks from the # 4 train Burnside Ave station.Low Annual Taxes: $2,183.96Have Land & Architectural Survey as well as Architectural plans for the building

Listing History for 1907 Harrison Ave

Now
03/01/2021
TOM by Roland Levin
Douglas Elliman
01/07/2021
$750,000 [-$45,000] [5.7%]
Price Drop by Roland Levin
Douglas Elliman

Building Details for 1907 Harrison Ave

OwnershipDevelopment Site
Building TypeHouse
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts2/1
Learn More About the Building

Transit and Citi Bike

Subway

Burnside Av
0.18 miles
176 St
0.32 miles
Tremont Av
0.36 miles

Railroad

Morris HeightsMetro-North Railroad
0.45 miles

Citi Bike

University Ave & W Burnside Ave
0.13 miles
Davidson Ave & W Burnside Ave
0.13 miles

Contact Agents

Contact Agents

Roland Levin
Douglas Elliman
David Hubschman
Douglas Elliman
Rafael Malka
Douglas Elliman
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 79475TH