Property Description
The property is a vacant rectangular lot in the Bronx, New York, measuring approximately 50.25 feet in width by 100 feet in depth. Zoned as R7-1, the site is suitable for residential development, allowing for a medium-density apartment building, possibly with some commercial or community facility space on the ground floor. The zoning permits a Floor Area Ratio (FAR) of 3.44, offering significant development potential. The land is cleared, level, and located in a mixed-use neighborhood with nearby amenities, public transportation, and schools, making it an attractive investment for developers looking to capitalize on the growing demand for housing in the area. The lot is surrounded by a blend of low-rise and mid-rise buildings, contributing to the dynamic urban character of the Bronx.
General
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Sold by: Non-Member MLS