Bronx River Avenue lot 77 Bronx, NY 10460

Listing Agency Remax Top Nest Real Estate Show Phone

2303 Avenue Z, Brooklyn, NY

Listed by Yan Byshevsky Show Phone

Added: Oct 14, 2024 Checked: Jul 18 at 6:06 am

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MLS# 486752 Listing URL

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Investment Insights

Based on property information with market context.

This 2,463 SqFt lot is located in the Van Nest section of the Bronx and is zoned R5, offering possibilities for residential development. According to the NYC Department of Buildings, R5 districts allow for a variety of housing types at a higher density than R3-2 and R4 districts. With a Floor Area Ratio (FAR) of 1.25, developers can create three- and four-story attached homes or small apartment buildings. The property has convenient access to major highways, including I-95 and the Cross Bronx Expressway. Nearby attractions include the New York Botanical Garden and the Bronx Zoo. Public transportation is readily accessible, with BX42, BX21, and BX36 bus routes nearby, plus the 2 and 5 subway lines a short distance away. This property is suitable for residential development.

Key Highlights

• R5 zoning allows for higher‑density residential development.
• Floor Area Ratio (FAR) of 1.25 permits construction of three- and four‑story buildings.
• Prime location in the Van Nest section of the Bronx.

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FAQs

What type of property is this?

Residential land & home lot - 2,463 SqFt lot in Van Nest section of Bronx.

Where is this residential land & home lot located?

The property is located at Bronx River Avenue lot 77 Bronx, NY.

What is the asking price?

The asking price for this property is $85,000.

What are key features of this property?

This property features: R5 zoning allows for higher‑density residential development.; Floor Area Ratio (FAR) of 1.25 permits construction of three- and four‑story buildings.; Prime location in the Van Nest section of the Bronx.