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    568-L W 261st Street Bronx, NY 10471

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    For Sale
    $450,000

    LAND - Bronx, NY

    Property size:
    3,250 SF
    Lot size:
    0.15 Acres
    Added:
    Nov 3, 2025
    Days on Market:
    177
    Last Refresh:
    Apr 29 at 7:06 pm

    Property Features for 568-L W 261st Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    05953-0367
    Size
    3,250 SF
    Lot size
    0.15 Acres

    Taxes and HOA fees

    Tax Year
    2024

    Utilities

    Sewer type
    Public Sewer

    We can help!

    Listing Contact
    Gregory Tsougranis
    Gregory Tsougranis

    Listing agent Gregory Tsougranis

    Listing office Keller Williams Realty NYC Grp 2300 Eastchester Road, Bronx, NY

    Listing date Nov 3, 2025

    MLS# 931728 Listing URL

    Copyright © 2026 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 For Development

    This land is available for development in the North Riverdale community. Suited for building a dream home or for a builder specializing in high-net-worth housing. The owner will subdivide the present 65 x 206 lot, offering a 65 x 100 subdivision. 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 sq ft, a lot width of 60 ft, a rear yard of 30 ft, side yards totaling 20 ft, an open space ratio of 150, and a MAX FAR of .5. The sky exposure plane starts at 25 ft, 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. 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 Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    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?
    Residential land & home lot - Land for development in the North Riverdale community.
    Where is this residential land & home lot located?
    The property is located at 568-L W 261st Street Bronx, NY.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Prime land in North Riverdale, offering high ROI potential.; Convenient access to Manhattan.; R1‑2 Zoning allows for a detached single‑family home with a potential 3,250 sq. ft. footprint.
    More about this property
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