1715 Farms Rd The Bronx, NY 10460
- Land
Current Use by Public Records
- Gustiamo / Food Products Supplier / Importer
Property Details for 1715 Farms Rd
- Property type
- Land
Description
This exceptional 19,634 square foot development site in the Crotona Park East section of The Bronx, NY presents a unique investment opportunity. Comprising two contiguous lots spanning Boone Ave to W Farms Rd, this assemblage is zoned R7A and R7X, allowing for the construction of a substantial residential building, potentially up to 118,000 buildable square feet, incorporating a community facility. The zoning designation includes Inclusionary Housing, Fresh Zone, and Opportunity Zone incentives, offering significant potential benefits to investors. The property's prime location near Starlight Park, Bronx River Greenway, and various community amenities, including schools and public transportation (2 and 5 trains within seven blocks), ensures strong demand. Major roadways like Sheridan Blvd and the Cross Bronx Expressway provide excellent accessibility. This is an ideal site for a developer seeking to capitalize on the area's revitalization and growing residential market. The asking price is $10,000,000. The lot dimensions are approximately 118 ft x 208 ft (irregular). APN: 03015-0003.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- The Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.884
- Latitude
- 40.8346
