Multifamily Development
For Sale
$1,600,000
1880 Dr Martin L King Jr Blvd, Bronx, NY 10453
Vacant Bronx development site in an R7 zoning district with estimated buildable square footage.
Property SizeContact for details
Days on Market62
Property Features for 1880 Dr Martin L King Jr Blvd
General Information
Standard status
Active
Property subtype
Land
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:
Exprealty
Added: Jun 9
Changed: Aug 8
Last Checked: Jul 16 at 1:25PM
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 is a vacant residential development lot located in the University Heights section of the Bronx. The property is approximate 3,676 square feet and is situated in an R7 zoning district. The offering includes an estimated 12,645 to 14,704 buildable square feet, which is subject to the buyer’s independent verification of zoning, FAR, development potential, and all applicable governmental requirements. The site is suitable for multifamily residential development, and it will be delivered vacant.
The property is described as conveniently located near public transportation, major roadways, schools, shopping, and neighborhood amenities. Prospective buyers should perform their own due diligence to confirm buildability and intended use based on current zoning and agency requirements.
For developers or investors evaluating multifamily opportunities, this lot provides a defined parcel for residential redevelopment under R7 zoning. With the property being delivered vacant, the site may support planning and predevelopment efforts without the need to coordinate with an existing tenant or use. As development outcomes depend on verified zoning and FAR, due diligence is strongly encouraged prior to finalizing plans or timelines.
The property is described as conveniently located near public transportation, major roadways, schools, shopping, and neighborhood amenities. Prospective buyers should perform their own due diligence to confirm buildability and intended use based on current zoning and agency requirements.
For developers or investors evaluating multifamily opportunities, this lot provides a defined parcel for residential redevelopment under R7 zoning. With the property being delivered vacant, the site may support planning and predevelopment efforts without the need to coordinate with an existing tenant or use. As development outcomes depend on verified zoning and FAR, due diligence is strongly encouraged prior to finalizing plans or timelines.
Key Highlights
- Vacant development site in the University Heights section of the Bronx
- Approx. 3,676 SF lot in an R7 zoning district
- Estimated 12,645 to 14,704 buildable SF, subject to purchaser verification of zoning/FAR and development potential
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,266
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 - Vacant Bronx development site in an R7 zoning district with estimated buildable square footage.
Where is this residential land & home lot located?
The property is located at 1880 Dr Martin L King Jr Blvd 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; Estimated 12,645 to 14,704 buildable SF, subject to purchaser verification of zoning/FAR and development potential
