CPEX Real Estate has been exclusively hired to market for ground lease 1066 Zerega Avenue. The full-block site is located on the east side of Zerega Avenue between Watson and Blackrock Avenues and the Westchester Creek in Unionport, Bronx.
The 77,875 square foot lot has approximately 155,750square feet of commercial development rights. Currently, there is approximately 30,050 square feet of existing structures on the property comprised of three separate buildings.
The site offers an opportunity for a large scale commercial redevelopment. Ownership prefers a long-term lease, but will consider shorter terms and potentially an outright sale.
- Conveniently located at the intersection of three highways (Cross Bronx Expressway, Bruckner Expressway and Hutchinson River Parkway) providing tremendous vehicular accessibility
- Suitable for retail, office, logistics & manufacturing uses
- Ideal site for a large scale commercial redevelopment
- The property is located in an Industrial Business Zone (IBZ) which provides economic benefits for businesses operating in the area.
- Address 1066 Zerega Avenue, Bronx, NY 10462
- Block Lot 3837_01
- Buildable SF 155,750 SF *
- Lot Dimensions 206.13’ x 427’ *
- Lot Size 77,875 *
- Building Class F8
- Building Size 30,050 SF *
- Zoning M3-1
- FAR 2.0
- Assessment $655,910
- Taxes $69,356
- Tax Rate 10.5740%
- Tax Class Class 4
- * Approximate