Just blocks from Yankee Stadium, this site is at the heart of a rapidly transforming neighborhood, soon surrounded by hundreds of newly built residential apartments. The influx of residents creates strong demand for commercial services and amenities. Existing structure: Two-family dwelling slated for demolition Zoning: M1-2 (Light Manufacturing) with a FAR: 2.0 (Commercial) and up to 4.8 for Community Facility (with parking requirements) Development Potential: Preliminary plans underway for a 3-story commercial building with an estimated total area: ~4,385 SF Possible to get a variance to build residential multifamily. Ideal for retail, medical, office, or mixed-use community facility Strong need for retail, services and community infrastructure.
