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Development Site in Mott Haven
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447-449 Jackson Avenue, Bronx, NY 10455

Development site in thriving Mott Haven neighborhood of the Bronx.

Property Size25,351 SF
Price / SF$114.20
Days on Market1628

Property Features for 447-449 Jackson Avenue

General Information

Standard status Active
Size 25,351 SF
Property subtype Retail
Zoning R7-1
Net Operating Income $104,060
Listing Agency: Premiere Property Group, LLC
Listed By: Shawn Sadaghati · License #NY
Source: Crexi
Added: Mar 22, 2022 Changed: Aug 13 Last Checked: Sep 2 at 11:34PM

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 Premiere Property Group, LLC

Investment Insights

Based on property information with market context.

This development site, located at 447-449 Jackson Avenue in the Mott Haven neighborhood of the Bronx, offers a development opportunity. Zoned R7-1, the site consists of two contiguous parcels with a residential FAR of 3.44, totaling 25,351 buildable square feet. A community facility FAR of 4.8 could potentially increase the maximum buildable area to 35,371 square feet. Currently, 447 Jackson Avenue is occupied by a three-story, 3,087 square-foot apartment building containing two apartments, one commercial unit, and a parking lot, providing potential income while new building plans are approved. The parcels feature 50 feet of frontage along Jackson Avenue. The site is situated directly adjacent to St. Mary’s Park and recreation center and across from the Jeffrey M. Rapport School for Career Development. Mott Haven is a thriving area of the South Bronx with new developments, restaurants, bars, and breweries. The area is easily accessible by the 6, 2, and 5 subway lines, as well as the Bruckner Expressway. Residents benefit from immediate access to Randall’s Island Park and the Harlem River Drive.

Key Highlights

  • Development site in Mott Haven with R7‑1 zoning and 25,351 buildable square‑feet (residential FAR).
  • Potential to increase buildable square‑footage to 35,371 with community facility FAR.
  • Existing three‑story building provides income while development plans are approved.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Veterinary Clinic Nursing Home Acupuncture Pet Store & Service

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

Location Intelligence

Trade Area within ½ mile

5,084
Businesses Nearby

Demographics for 10455, NY

43,804
Population
16,608
Households
2.6
Avg Household Size
33
Median Age
16%
College-Educated
69%
High-School Grad
0.7 sq mi
ZIP Area
62,577
Density / Sq Mi
$36,701
Median Household Income
$33,892
Median Earnings
$1,130
Median Rent
$348,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Development site in thriving Mott Haven neighborhood of the Bronx.
Where is this commercial land located?
The property is located at 447-449 Jackson Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $2,895,000.
What are key features of this property?
This property features: Development site in Mott Haven with R7‑1 zoning and **25,351 buildable square‑feet** (residential FAR).; Potential to increase buildable square‑footage to 35,371 with community facility FAR.; Existing three‑story building provides income while development plans are approved.
(917) 796-7475 Call to check price and availability
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