Cushman & Wakefield has been retained on an exclusive basis to sell a development site at 423-425 Westchester and 601 Bergen Avenues. The property is located on the southeast corner of Westchester and Bergen Avenues in “The Hub” section of the South Bronx. The asking price is $8,225,000.
The site consists of two adjacent lots which combine for approximately 19,965 square feet. Situated within a C4-4 zoning district, it features a residential FAR of 3.44, equating to approximately 68,680 buildable square feet. The site also allows for a commercial FAR of 3.4, equating to approximately 67,881 buildable square feet.
The property is being exclusively marketed by Cushman & Wakefield’s Nick Burns and David Simone.
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Neighborhoods: The Hub