2 Unit Development Site Kingsbridge
Investment Highlights
Kingsbridge Heights Bronx cash flowing dev site / covered land legal 2 family frame 20x52 built on 28x66 lot. 3 tenants all paying $103k NOI in place. Bring income while getting plans approved) Property is R8 zone with 11,200sqFt buildable normal sale owner asking $1.25m negotiable ($111sqFt / 8.24% cap in place)
Location
📍 Kingsbridge
🔒 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 since 2021, from public ACRIS filings.
- Bcc Funding Crf LLC — 9 loans, typically $530K–$1.01M
- S3 Re 30-11 12TH Street Funding LLC — 4 loans, typically $405K–$8M
- G4 18267, LLC — 3 loans, typically $1.5M–$68.64M
- Pccp Lm Manager, LLC — 3 loans, typically $8.5M–$82.13M
- S3 Re 19 Clay St Funding LLC — 3 loans, typically $6.89M–$38.74M
Crezly connects borrowers and lenders. Crezly is not a loan broker, does not negotiate terms, and receives no compensation contingent on any loan closing.
Underwrite this deal
Pro-forma, debt sizing against real recorded NYC leverage, cash flow, IRR and a sensitivity grid. Free account — no card.
