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568-L W 261St St Bronx, NY 10471

For Sale
$500,000

LAND - Bronx, NY

Lot size:
0.15 Acres
Days on Market:
15
Last Refresh:
Dec 8 at 8:06 pm

Property Features for 568-L W 261St St

General Information

Property type
Land
Property subtype
Other
Standard status
Active
APN
05953-0367
Lot size
0.15 Acres

Utilities

Sewer type
Public Sewer

Keller Williams Realty NYC Group (718) 697-6800 [email protected]

Listing agent Gregory Tsougranis (845) 304-5745

Listing date Nov 24, 2025

MLS# 931728 Listing URL

Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Bronx Land Development Opportunity

This land presents a development opportunity in the North Riverdale community. Suited for building a custom home or for a builder specializing in high-net-worth housing, the property is located minutes from Manhattan. The owner is offering a 65 x 100 subdivision of the present 65 x 206 lot. The property, identified as BLOCK 5953 / LOT 367, is zoned R1-2, which allows for a detached single-family home. Minimum requirements include a lot area of 5,700 square feet, a lot width of 60 feet, a rear yard of 30 feet, side yards totaling 20 feet, an open space ratio of 150, and a MAX FAR of .5. The sky exposure plane starts at 25 feet, with a DU factor of 2,850 and required parking of 1 per DU. The owner will file subdivision paperwork with signed contracts. With a 6,500 sq. ft. footprint and a .5 Max FAR, the base calculation for a single-family home should be approximately 3,250 sq. ft. The property is located in a community where a comparable home recently sold for $2,037,300. There is potential for an additional 700 - 800 sq ft due to recent ADU legislation passed. The subdivision includes the back lot portion, not the front lot where the home is situated. It is located in an X rated non-flood zone and has a Special Natural Area District (SNAD) overlay applicable. The lot size is approximately 0.1537 acres.
Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Bronx
County
Bronx
State
New York
Longitude
-73.905106
Latitude
40.910564

FAQs

What type of property is this?
Land - Land for development in the high-net-worth North Riverdale community.
Where is this land located?
The property is located at 568-L W 261St St Bronx, NY.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: - Land for development in high-net-worth North Riverdale community, minutes from Manhattan.; - Opportunity to build a custom dream home or develop high-end housing.; - Lot size of 65 x 100 (after subdivision by owner).
More about this property
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