Multifamily Development
For Sale
Contact for pricing
1814 Palisade Place, Bronx, NY 10453
Vacant Bronx multifamily site with R6 zoning and City of Yes UAP FAR bonus for up to 25 apartments.
Property SizeContact for details
Lot Size0.12 Acres
Days on Market70
Property Features for 1814 Palisade Place
General Information
Standard status
Active
Lot size
0.12 Acres
Property subtype
Land
Zoning
R6
Listing Agency:
IPRG Investment Property Realty Group
Listed By:
Carson Brantley · License #10401396474
Source:
Crexi
Added: Jun 5
Changed: Aug 8
Last Checked: Aug 13 at 11:56AM
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 IPRG Investment Property Realty Group
Investment Insights
Based on property information with market context.
1814 Palisade Place is a vacant multifamily development site on an irregular 50 ft by 102.25 ft lot. The property is held under R6 zoning and offers multiple development pathways based on FAR, including 10,435 buildable square feet (2.2/3.0 FAR) or 17,167 buildable square feet (3.9 FAR) with the City of Yes UAP FAR bonus. With the UAP bonus structure, a developer can construct a new building with up to 15 apartments or up to 25 apartments, depending on the selected UAP approach.
The site is located off Popham Ave in Morris Heights, The Bronx. It is within walking distance to the 4 subway lines and the Metro-North Morris Heights Station, supporting connectivity for future residents and tenants.
This offering is positioned for developers or owner-users looking to build a new apartment building on a clear, vacant parcel. The combination of R6 zoning and the City of Yes UAP FAR bonus provides defined ceiling potential for apartment construction, and the property’s delivery as vacant can reduce timing friction for redevelopment planning.
The site is located off Popham Ave in Morris Heights, The Bronx. It is within walking distance to the 4 subway lines and the Metro-North Morris Heights Station, supporting connectivity for future residents and tenants.
This offering is positioned for developers or owner-users looking to build a new apartment building on a clear, vacant parcel. The combination of R6 zoning and the City of Yes UAP FAR bonus provides defined ceiling potential for apartment construction, and the property’s delivery as vacant can reduce timing friction for redevelopment planning.
Key Highlights
- Vacant multifamily development site in Morris Heights, The Bronx, delivered vacant
- R6 zoning with 50 ft x 102.25 ft irregular lot dimensions
- 10,435 buildable SF at 2.2/3.0 FAR or 17,167 buildable SF at 3.9 FAR with City of Yes UAP FAR bonus
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,400
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Vacant Bronx multifamily site with R6 zoning and City of Yes UAP FAR bonus for up to 25 apartments.
Where is this apartment building located?
The property is located at 1814 Palisade Place Bronx, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Vacant multifamily development site in Morris Heights, The Bronx, delivered vacant; R6 zoning with 50 ft x 102.25 ft irregular lot dimensions; 10,435 buildable SF at 2.2/3.0 FAR or 17,167 buildable SF at 3.9 FAR with City of Yes UAP FAR bonus
