964-968 East 167Th Street, Bronx, Ny 10459 3 Vacant Mixed-Use Buildings with Air Rights
964-968 EAST 167TH STREET, BRONX, NY 10459 3 VACANT MIXED-USE BUILDINGS WITH AIR RIGHTS Block: 274 4 Lots: 23, 24, & 25 Neighborhood: Foxhurst Stories: 3 Lot Dimensions: 58' x 90' | ± 5,250 SF Building Size: 50.01’ x 50’ | ± 7,501 SF Residential Units: 6 Commercial Units: 2 Zoning: C2-4/R7-1 ZFA: ± 21,000 SF Combined R.E. Taxes (19/20): $7,849 ZFA with Facility Bonus: ± 25,200 SF PROFORMA Residential Units SF BRs $/SF Rent Annual 964 East 167th Street 833 2 $28.22 $1,959 $23,508 964 East 167th Street 833 2 $28.22 $1,959 $23,508 966 East 167th Street 1,250 3 $23.88 $2,487 $29,844 966 East 167th Street 1,250 3 $23.88 $2,487 $29,844 968 East 167th Street 833 2 $28.22 $1,959 $23,508 968 East 167th Street 833 2 $28.22 $1,959 $23,508 Projected Residential Totals: 5,832 $26.36 $12,810 $153,720 ***Residential rents based on 2019 Section 8 Payment Standards Commercial Units SF $/SF Monthly Rent Annual Rent 964 East 167th Street 833 $35 $2,430 $29,155 NEW PRICE: $1,750,000 968 East 167th Street 833 $35 $2,430 $29,155 Projected Retail Totals: 1,666 $35 $4,859 $58,310 MASS TRANSIT OPTIONS DESIGNATED PRICE/SF PRICE/ZFA Estimated Expenses Totals: $/SF $/Unit 2, 5, & 6 TRAIN OPPORTUNITY ZONE $233 $83 Real Estate Taxes (18/19) Actual $7,849 $1.05 $785 Development Site Advisors has been retained on an exclusive basis to arrange for the sale of 964, 966, and Insurance Projected @ $1.00 / SF $7,501 $1.00 $750 968 East 167th Street in the Bronx.
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