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1807 Willow Ln 3 Unit Apartment Building $2,120,635 CAD ($706,878 CAD/Unit) Bronx, NY 10461
Investment Highlights
- Development Site For Sale in Pelham Bay, Bronx
- The property sits on a 35.58 ft x 101.5 ft lot and is primarily zoned R7-1, offering significant development potential on a wide street
- The property offers approximately 14,448 buildable square feet (BSF), with the potential to increase to 18,060 BSF through the (UAP) bonus
- The property is positioned between Buhre Avenue & Willow Lane in the Pelham Bay section of the Bronx
- A minimal portion of the lot (less than 1%) falls within an R5A zoning designation, which does not materially impact the site’s overall development
- Conveniently located just minutes from the 6 train
Executive Summary
Investment Property Realty Group (IPRG) has been exclusively retained to sell a development site located at 1807 Willow Lane. The property is positioned between Buhre Avenue & Willow Lane in the Pelham Bay section of the Bronx.
The property sits on a 35.58 ft x 101.5 ft lot and is primarily zoned R7-1, offering significant development potential on a wide street. A minimal portion of the lot (less than 1%) falls within an R5A zoning designation, which does not materially impact the site’s overall development potential.
The property offers approximately 14,448 buildable square feet (BSF), with the potential to increase to 18,060 BSF through the (UAP)
bonus. Conveniently located just minutes from the 6 train.
The property sits on a 35.58 ft x 101.5 ft lot and is primarily zoned R7-1, offering significant development potential on a wide street. A minimal portion of the lot (less than 1%) falls within an R5A zoning designation, which does not materially impact the site’s overall development potential.
The property offers approximately 14,448 buildable square feet (BSF), with the potential to increase to 18,060 BSF through the (UAP)
bonus. Conveniently located just minutes from the 6 train.
Property Facts
| Price | $2,120,635 CAD | Property Subtype | Apartment |
| Price Per Unit | $706,878 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.08 AC |
| Sale Condition | Redevelopment Project | Building Size | 2,852 SF |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1930 |
| Zoning | R7-1 - Medium-density apartment house district with lower parking requirements | ||
| Price | $2,120,635 CAD |
| Price Per Unit | $706,878 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 2,852 SF |
| No. Stories | 2 |
| Year Built | 1930 |
| Zoning | R7-1 - Medium-density apartment house district with lower parking requirements |
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Exceptionally walkable
90/100
Moderately drivable
60/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 04198-0027 | Improvements Assessment | $46,698 CAD |
| Land Assessment | $14,334 CAD | Total Assessment | $61,031 CAD |
Property Taxes
Parcel Number
04198-0027
Land Assessment
$14,334 CAD
Improvements Assessment
$46,698 CAD
Total Assessment
$61,031 CAD
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1807 Willow Ln
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