3522 Webster Avenue, NY

27,792 SF Vacant Commercial Building with Air Rights

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Overview

Key Highlights

  • Price Price: Please Inquire
  • Zoning C4-4 (R7-2 Residential Equivalent)
  • Gross Sq. Ft. 27,792
  • Buildable Sq. Ft. (UAP) 49,193
  • Buildable Sq. Ft. (As-of-Right) 39,276

Investment Highlights

• Three floor commercial building located on the East side of Webster Avenue, just off the bustling corner of Webster Avenue & East Gun Hill Road in the Norwood section of the Bronx

• The 27,792 SF (Approx.) building (including below grade space) is currently vacant, with roughly 9,200 square foot floor plates across 3 floors, this is a perfect opportunity for an owner-user

• Ceiling heights ranging from 14’-18’ and, 100’ of frontage on Webster Avenue providing users with a great street presence in the neighborhood. The ground floor is currently a built-out car dealership space, and office space

• The asset also has two ramps for cars/trucks to access the second floor & lower level parking areas.
• This land measures 100’ x 98’ (Approx.) and is zoned C4-4/R7-2 (FAR: 4.00 on the as-of-right 5.01 with UAP, and 4.8 with Community Facility) providing an opportunity for a mixed-use development in one of the Bronx’s fastest growing areas.

• The property is within a mile of several major Bronx attractions including, the Montefiore Medical Center Campus Van Cortlandt Park, Williamsbridge Oval, The Bronx Botanical Gardens, The Bronx Zoo, and both Fordham University and Lehman College are all a short distance from the property.

• Immediate access to Manhattan and the other boroughs is provided by the 2/5 trains, which are located around the corner at the Gun Hill Road station. Transportation throughout the Bronx and the greater NYC area is provided by the 4/D subways lines, several public bus lines, the Williams Bridge Metro-North station, The Bronx River Parkway and the Major Deegan Expressway that are all within a half-mile of the property

Location

Our Team

Daniel Mahfar

Daniel Mahfar

Ariel Property Advisors
212.544.9500 Ext. 99
Erik Moloney

Erik Moloney

Ariel Property Advisors
212.544.9500 Ext. 24
Jake Brody

Jake Brody

Ariel Property Advisors
212.544.9500 Ext. 62
Victor Sozio

Victor Sozio

Founding Partner
Ariel Property Advisors
212.544.9500 Ext. 12
Jason Gold

Jason Gold

Ariel Property Advisors
212.544.9500 Ext. 22

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