1405-1409 Webster Avenue, NY

55,000 BSF Development Site

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Overview

Key Highlights

Price $6,750,000
Zoning R7-1/C2-4
Buildable Sq. Ft. 55,436

Investment Highlights

• 55,436 buildable square feet on a 7,500 SF lot, which includes 25,436 BSF in air rights from the adjacent property (Lot #142).

• Commanding 75’ of high-visibility frontage on Webster Avenue, a thriving retail corridor.

• Potential for an additional 7,500 buildable square feet through the City of Yes Universal Accessibility Program (UAP), bringing the total potential to 63,011 BSF

• Surrounded by neighborhood retailers and a half a block from Claremont Park. The property is conveniently located adjacent to the Bx41 bus stop as well as the 4,B/D subway trains