1431 Bassett Avenue, Bronx, NY

$9,000,000

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15,000

Square feet

About 1431 Bassett Avenue

This 15,000 square foot assemblage presents a great opportunity for development directly across from the new Metro North train station estimated for completion in 2027. In a diverse employment section at the corner of Eastchester Rd and Morris Park Avenue, neighboring Albert Einstein Medical Center, Jacobi Hospital, Yeshiva University and Calvary Hospital. Morris Park's Zoning initiative is to encourage the development an additional 7,000 units to the area. Current Zone is C4-4. MIH option 2 for residential housing. Zoning will allow for a new residential building with 119,145 Gross Buildable Area (Includes 15,000 Square Foot Parking on Level 1) and 89,900 ZFA or 99 Units. Two existing industrial buildings on the premises include an approximately 10,000 square foot mixed use building with 5,000 square feet of industrial space and 5,000 square feet of office space on the top level. Second structure is an 5,000 square foot industrial space.

Features of 1431 Bassett Avenue

MLS® # 875749
Price $9,000,000
Bathrooms 0.00
Square Footage 15,000
Square Footage 15000
Acres 0.00
Type Commercial Sale
Sub-Type Industrial
Status Active

Community Information

Address 1431 Bassett Avenue
City Bronx
County Bronx County
State NY
Zip Code 10461

Amenities

Utilities None
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Cooling None
Fireplace No
Has Basement No

Exterior

Construction Frame

Additional Information

Date Listed June 10th, 2025
Days on Market 133
Short Sale No
RE / Bank Owned No

Listing Details

OfficeDistinguished Realty Services

Listing Map

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