Bronx Development Site — $5.5M | Crezly

99 Unit Development Site Bronx

$5,500,000 Development Site Off-Market ♡
Price$5,500,000
Units99
Asset TypeDevelopment Site
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Investment Highlights

Morris Heights, Bronx – Development Site 50’ x 100’ lot with R8 zoning 57,000 BSF (incl. air rights). approx 99 unit density. contract flip. Asking 5.5M ($96 psf)

Location

📍 Bronx

🔒 The exact address and location are confidential and are released only after you sign the NCNDA and the listing broker approves your request.

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Who finances deals like this

The lenders with the most recorded development site mortgages in Bronx since 2021, from public ACRIS filings.

  1. Pccp Lm Manager, LLC — 3 loans, typically $8.5M–$82.13M
  2. Broad X Funding Ii LLC — 3 loans, typically $650K–$6.4M
  3. New York Institute For Human Development, INC. — 3 loans, typically $600K–$6.3M
  4. Bxc 1677-79 Eastburn Funding LLC — 2 loans, typically $750K–$11.3M
  5. Community Access, INC. — 2 loans, typically $2.68M–$2.78M
Match this deal to 64 lenders

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Underwrite this deal

Pro-forma, debt sizing against real recorded NYC leverage, cash flow, IRR and a sensitivity grid. Free account — no card.

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