Residential Development Land
For Sale
Contact for pricing
627 Underhill Ave, Bronx, NY 10473
Land is zoned for adding three houses, with an R5 residential development framework on-site.
Property SizeContact for details
Days on Market127
Property Features for 627 Underhill Ave
General Information
Standard status
Active
Property subtype
Multifamily
Zoning
R5
Listing Agency:
American Investment Properties
(516) 393-2300
Listed By:
Ron Koenigsberg CCIM · License #NY 31K00933350
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Apr 11 at 1:11PM
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 American Investment Properties
Investment Insights
Based on property information with market context.
This residential development land is zoned to allow the addition of three houses. The current FAR is 0.17, with maximum allowable residential FAR of 1.25 and maximum allowable commercial FAR of 0. The property notes that maximum allowable floor area ratios are exclusive of bonuses for plazas and plaza-connected open areas, arcades, and/or other amenities, and that FAR may depend on street widths or other characteristics.
The site is in an R5 zoning district, which is a residential zone permitting single-family, two-family, and multi-family development (with multi-family defined as three families or more). The remarks indicate that R5 properties commonly include 3- to 4-story attached row houses, whether configured as 1, 2, or multiple families, as well as attached, semi-detached, and detached housing arrangements.
The site is in an R5 zoning district, which is a residential zone permitting single-family, two-family, and multi-family development (with multi-family defined as three families or more). The remarks indicate that R5 properties commonly include 3- to 4-story attached row houses, whether configured as 1, 2, or multiple families, as well as attached, semi-detached, and detached housing arrangements.
Key Highlights
- Zoned to develop an additional 3 houses on the land
- R5 zoning allows single‑family, two‑family, and multi‑family (3 units or more) buildings
- R5 development framework supports attached, semi‑detached, and detached house/building types
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,363
Businesses Nearby
Explore this area
Business Placement
Demographics for 10473, NY
62,692
Population
23,234
Households
2.7
Avg Household Size
38
Median Age
24%
College-Educated
75%
High-School Grad
2.1 sq mi
ZIP Area
29,853
Density / Sq Mi
$50,609
Median Household Income
$40,049
Median Earnings
$1,131
Median Rent
$586,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Land is zoned for adding three houses, with an R5 residential development framework on-site.
Where is this residential land & home lot located?
The property is located at 627 Underhill Ave Bronx, NY.
What are key features of this property?
This property features: Zoned to develop an additional 3 houses on the land; R5 zoning allows single‑family, two‑family, and multi‑family (3 units or more) buildings; R5 development framework supports attached, semi‑detached, and detached house/building types
