27,788 BSF R6-1 Zoned Development Site 3 biens • À vendre 4 514 022 $ CAD • Bronx, NY

PROPERTY OVERVIEW:
A 27,788 BSF residential development opportunity on a 7,125 SF site, comprised of two contiguous lots, located in a rapidly evolving residential corridor in the Bronx. The site is zoned R6-1, located within a Mandatory Inclusionary Housing (MIH) area, and is suitable for mid-density residential development, including multi-family buildings or townhouses, subject to DOB verification and required approvals.
The property includes existing structures with flexible occupancy, providing potential cash flow during planning and approvals.
ZONING & DEVELOPMENT POTENTIAL:
- Zoning: R6-1
- Approximately 27,788 BSF (3.90 FAR).
- Total Lot Area: 7,125 SF (two lots)
- Supports mid-density residential development in keeping with neighborhood context
- Residential development may achieve up to approximately 3.90 FAR (27,788 BSF) with MIH compliance, and community facility uses may allow up to 4.80 FAR (34,200 BSF) , subject to DOB and zoning verification
TRANSIT-ORIENTED LOCATION & NEARBY AMENITIES:
- Located within the new Metro-North Rezone Area, just steps from the future Metro-North station
- Rare opportunity to secure a site in one of the most attractive upcoming transit hubs
- Proximity to Albert Einstein College of Medicine, Montefiore Medical Center, and nearby hospitals, enhancing residential demand
- Close to local amenities, schools, parks, and major Bronx thoroughfares
- Neighborhood growth and active residential development provide momentum for future projects
INVESTMENT OVERVIEW:
This offering represents a rare opportunity to acquire a 27,788 BSF development site in the Bronx. Ideal for developers, investors, or end-users seeking to capitalize on rezoning, neighborhood growth, and flexible acquisition terms.
FLEXIBLE TERMS:
- Property is priced at $3,299,000
- Closing can be contingent on development approvals
- Seller financing may be available
Please do not disturb the tenants.