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Shovel-Ready Mixed-Use Development Site
For Sale
$1,750,000

284 Willis Avenue, Bronx, NY 10454

LAND - Bronx, NY

Property Size12,204 SF
Lot Size0.06 Acres
Price / SF$143.40
Days on Market84

Property Features for 284 Willis Avenue

General Information

Property type Land
Property subtype Other
Zoning R6
Elementary school Ps 49 Willis Avenue
Middle school Academy Of Applied Math And Tech
High school International Community High School
Elementary school district Bronx 7
Middle school district Bronx 7
High school district Bronx 7
Standard status Active
APN 02284-0002
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8325
Listing Agency: Promise Realty LLC
Listed By: Mi Hye Suh
Added: May 13 Changed: Jun 17 Last Checked: Aug 4 at 2:06AM
MLS# 999344

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.

Investment Insights

Based on property information with market context.

This mixed-use development site is offered for sale with approved architectural plans already in place. The proposed project is a 6-story elevator building designed with modern fireproof steel construction. The planned layout includes retail space on the ground floor, a community facility/office on the second floor, and eight residential units total on the third through sixth floors, configured as two 2-bedroom apartments per floor. New construction is currently underway with foundation work in progress.

The property is located at 284 Willis Avenue in the Bronx, NY 10454. Public remarks indicate the site is in an Opportunity Zone and that access to Manhattan is convenient, described as being just one bridge away.

For developers seeking a turn-key path forward, the combination of in-place approvals and active foundation work may help streamline timelines. The planned mix of street-level retail, second-floor community facility/office space, and multiple residential units provides a foundation for tenants and operators looking for a vertical mixed-use configuration supported by approved plans.

Key Highlights

  • Shovel‑ready project with approved architectural plans for a 6‑story mixed‑use building.
  • R6 / C2‑4 zoning allows for approximately 12,204 buildable SF with a mix of retail, community facility/office, and residential units.
  • Prime NYC location, just one bridge away from Manhattan, in a rapidly growing area.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Acupuncture Skin Care Clinic Computer & Electronic Repair Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

5,750
Businesses Nearby

Demographics for 10454, NY

40,232
Population
15,397
Households
2.6
Avg Household Size
33
Median Age
14%
College-Educated
62%
High-School Grad
1.1 sq mi
ZIP Area
36,575
Density / Sq Mi
$27,500
Median Household Income
$31,243
Median Earnings
$1,064
Median Rent
$780,800
Median Home Value

Market

Properties on Market for Mixed-use properties in Bronx

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - R6/C2-4 development lot with approved plans for a multi-story building featuring ground retail and residential units.
Where is this mixed-use property located?
The property is located at 284 Willis Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Shovel‑ready project with approved architectural plans for a 6‑story mixed‑use building.; R6 / C2‑4 zoning allows for approximately 12,204 buildable SF with a mix of retail, community facility/office, and residential units.; Prime NYC location, just one bridge away from Manhattan, in a rapidly growing area.
More about this property
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