SUNDRY AGREEMENT: 61,753 square feet in Riverdale

The City Of New York Department Of Housing Preservation as owner signed an agreement with Sterling National Bank for 1 parcel, including the tax class not zoned residential, but adjacent to 1-, 2-, 3-family dwelling (V2) at 211 East 203 Street in Riverdale. The deal closed on July 25, 2019 and was recorded on August 13, 2019.
The property contains a total of 61,753 square feet of built space. The property has 61,753 square feet of available development rights.
The last time the property sold was August 23, 2018, for $4,618,125.

Over the past five years, there has been one NYC Department of Buildings permit application filed for this parcel valued at more than $20,000.There has been one new building permit application totaling 71,133 square feet. Those plans include a total of 108 residential or hotel units.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link