Just blocks from Yankee Stadium, this site is at the heart of a rapidly transforming neighborhood, soon surrounded by hundreds of newly built residential apartments. The influx of residents creates strong demand for commercial services and amenities.Existing structure: Two-family dwelling slated for demolitionZoning: M1-2 (Light Manufacturing) with a FAR: 2.0 (Commercial) and up to 4.8 for Community Facility (with parking requirements)Development Potential: Preliminary plans underway for a 3-story commercial building with an estimated total area: -4, 385 SFPossible to get a variance to build residential multifamily. Ideal for retail, medical, office, or mixed-use community facilityStrong need for retail, services and community infrastructure.
Lot Size: 0.0502 Lot Sq Ft: 2187
Sewer: Public Sewer
Taxes: $11,176
School District: Lucero Elementary School
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