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Corner Lot Multifamily Development Site
For Sale
$2,000,000

3149 Buhre Ave, Bronx, NY 10461

MULTI_FAMILY - Bronx, NY

Property SizeContact for details
Lot Size0.07 Acres
Days on Market109

Property Features for 3149 Buhre Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Multi-Family
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 6, Bedroom 4, Bathroom 3, Bedroom 7, Bedroom 1, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 2, Bathroom 2
Subdivision Pelham Bay
Standard status Active
Lot size 0.07 Acres

Building Details

Year built 1925
Floors in Building 2
Listing Agency: Arete New York
Listed By: Peter Skevas
Added: Apr 29 Changed: Aug 5 Last Checked: Aug 15 at 5:06PM
MLS# 11737017

Copyright © 2026 My State 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.

Development site for sale on a corner lot at 3149 Buhre Ave in the Bronx. The lot totals 3,249 SF (0.0746 acres) and features unobstructed views, including views over the Bruckner Expressway toward Pelham Bay and Pelham Bay Park.

The property is zoned R7-1 with a basic FAR of 4, and a FAR of 5.01 with a housing bonus. The buildable area is 16,277 SF with the housing bonus, and the development program allows 19 units under the basic scenario and 24 units with the bonus. Affordable housing SF is 937 SF, with a DU factor of 680.

Site development parameters include a maximum height of 115 ft, no set-backs until the 9th floor, and a required 30 ft rear yard. Parking is waived with the QA housing bonus.

Key Highlights

  • Zoned R7‑1 with FAR 4 basic and FAR 5.01 with housing bonus
  • Buildable 16,277 SF with housing bonus; DU factor 680
  • Units allowable: 19 basic, 24 with bonus; affordable housing SF 937

Property Analytics

Current Use

Bullshit Artist Hotel & Motel

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Parking Lot & Garage Clothing & Fashion Store Travel Agency Furniture & Home Goods Tech Support Center

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,467
Businesses Nearby

Demographics for 10461, NY

54,901
Population
20,418
Households
2.7
Avg Household Size
38
Median Age
27%
College-Educated
82%
High-School Grad
2.4 sq mi
ZIP Area
22,875
Density / Sq Mi
$65,023
Median Household Income
$45,445
Median Earnings
$1,741
Median Rent
$640,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - R7-1 multifamily development site allowing 19 to 24 units, corner lot with unobstructed views.
Where is this multifamily property located?
The property is located at 3149 Buhre Ave Bronx, NY.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Zoned R7‑1 with FAR 4 basic and FAR 5.01 with housing bonus; Buildable 16,277 SF with housing bonus; DU factor 680; Units allowable: 19 basic, 24 with bonus; affordable housing SF 937
More about this property
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