1932 McGraw Avenue, NY

16,400 Buildable SF Development Opportunity in Parkchester

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Overview

Key Highlights

  • Price $2,400,000
  • Zoning R6
  • Buildable SF 16,400

Key Facts

• R6 zoning / 2.0 FAR allowing for over 16,000 BSF

• 7,317 SF lot located on McGraw Avenue between Metropolitan Avenue and Pugsley Avenue

• Ideal development opportunity for supportive housing project or non-profit use
• Option to be delivered vacant or with proposed plans for 16,400 SF to yield 23 residential units and 6 open parking spaces

• Situated in the heart of Parkchester, around the corner from Hugh J. Grant Circle with “6” Train Subway and an abundance of retailers along Westchester Ave and Metropolitan Ave

• A handful of new projects are in the works in the Parkchester neighborhood including 1550 White Plains Road and 1847 Cross Bronx Expressway

Location

Our Team

Jason Gold

Ariel Property Advisors
212.544.9500 Ext. 22

Victor Sozio

Founding Partner
Ariel Property Advisors
212.544.9500 Ext. 12

Gabriel Elyaszadeh

Ariel Property Advisors
212.544.9500 Ext. 55

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