Development Site in R7 Residential
For Sale
$1,600,000
1880 University Ave The, Bronx, NY 10453
R7-zoned vacant lot suitable for multifamily development with strong walkability and nearby transit.
Property SizeContact for details
Days on Market55
Property Features for 1880 University Ave The
General Information
Standard status
Active
Property subtype
Land
Zoning
R7
Taxes and HOA fees
Annual Taxes
$3,638
Listing Agency:
Kingdom Connection Realty LLC
(347) 210-0405
Listed By:
Angella V. Griffiths
(347) 210-0405
Source:
Elliman
Added: Jun 16
Changed: Aug 8
Last Checked: Jul 16 at 7:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kingdom Connection Realty LLC
Investment Insights
Based on property information with market context.
This vacant development site is located in the University Heights section of the Bronx and is being offered for multifamily residential development. The property comprises an approximate 3,676-square-foot lot in an R7 zoning district. Based on provided estimates, the site offers approximately 12,645 to 14,704 square feet of buildable area, subject to the buyer’s independent verification of zoning, FAR, development potential, and all governmental requirements.
The offering is positioned for convenience, with access to public transportation, major roadways, schools, shopping, and neighborhood amenities. Walkability is reported as very strong, and transit is reported as a Rider’s Paradise, with the site also described as somewhat bikeable.
For developers and investors seeking a Bronx multifamily opportunity, this parcel may fit as a ground-up project, subject to confirmation of buildability and intended use during due diligence. Buyers should independently verify zoning parameters, FAR calculations, and all permitting and development requirements prior to making an acquisition decision. The property is scheduled to be delivered vacant.
The offering is positioned for convenience, with access to public transportation, major roadways, schools, shopping, and neighborhood amenities. Walkability is reported as very strong, and transit is reported as a Rider’s Paradise, with the site also described as somewhat bikeable.
For developers and investors seeking a Bronx multifamily opportunity, this parcel may fit as a ground-up project, subject to confirmation of buildability and intended use during due diligence. Buyers should independently verify zoning parameters, FAR calculations, and all permitting and development requirements prior to making an acquisition decision. The property is scheduled to be delivered vacant.
Key Highlights
- Vacant development site in the University Heights section of the Bronx
- Approx. 3,676 SF lot in an R7 zoning district
- Approx. 12,645 to 14,704 buildable SF, subject to buyer’s zoning/FAR verification
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,157
Businesses Nearby
Explore this area
Business Placement
Demographics for 10453, NY
81,951
Population
28,801
Households
2.8
Avg Household Size
34
Median Age
15%
College-Educated
69%
High-School Grad
0.9 sq mi
ZIP Area
91,057
Density / Sq Mi
$35,482
Median Household Income
$30,097
Median Earnings
$1,393
Median Rent
$580,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - R7-zoned vacant lot suitable for multifamily development with strong walkability and nearby transit.
Where is this residential land & home lot located?
The property is located at 1880 University Ave The Bronx, NY.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Vacant development site in the University Heights section of the Bronx; Approx. 3,676 SF lot in an R7 zoning district; Approx. 12,645 to 14,704 buildable SF, subject to buyer’s zoning/FAR verification
