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3645 Palmer Ave The Bronx, NY 10460

Sponsored
For Sale
$285,000

28-acre residential lot, R4 zoning.

Property size:
2,053 SF

Description

Added:
Dec 11, 2024
Days on Market:
396
This exceptional 28-acre parcel at 3645 Palmer Avenue in the Edenwald neighborhood of the Bronx, New York (zip code 10460), presents a compelling development opportunity. Currently zoned R4, this property offers significant potential. Preliminary plans exist for a 2,053 square foot, two-family house. The lot itself measures 25' x 100.44'. The Edenwald neighborhood is undergoing substantial transformation, including the rehabilitation of 40 buildings within the Edenwald Houses complex, spanning the entire 28 acres. Furthermore, the recently reviewed Bronx Metro-north rezoning plan promises to generate 10,000 new jobs, diversify housing options, and stimulate economic growth in the area. This prime location offers investors a chance to capitalize on this revitalization, creating a valuable asset in a rapidly evolving community. The asking price for this expansive land parcel is $285,000, translating to $144 per buildable square foot based on the preliminary plans. This represents a unique chance to participate in the ongoing development and positive changes within the Bronx.

Property Features for 3645 Palmer Ave

General Information

Property type
Land
Square Feet
2,053 SF
Lot Size
1,219,680 SF

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
The Bronx
County
Bronx
State
New York
Longitude
-73.8801301
Latitude
40.841618

FAQs

What type of property is this?
Land - 28-acre residential lot, R4 zoning.
Where is this land located?
The property is located at 3645 Palmer Ave The Bronx, NY.
What is the asking price?
The asking price for this property is $285,000.
More about this property
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