1777 Farms Rd The Bronx, NY 10460

This exceptional Bronx County property at 1777 W Farms Rd offers a unique blend of existing industrial space and significant development potential. The 9,280 square foot building currently functions as a warehouse, boasting 7,500 square feet of usable space. Situated on a 59' x 164' lot, this site presents a compelling opportunity for redevelopment. The property is zoned R7X and C2-4, allowing for a variety of uses. With a residential floor area ratio (FAR) of 5 and a facility FAR of 5, the site's potential is substantial. The location provides convenient access to public transportation, being a short walk from a subway station. The property's frontage on W Farms Road and Sheridan Boulevard offers excellent visibility. An assemblage opportunity exists, with an adjacent 55,000 buildable square foot lot available. The existing structure provides immediate income potential while redevelopment plans are underway. Annual real estate taxes are $29,500. This property's combination of existing infrastructure and high development potential makes it an attractive investment in a rapidly growing area. The APN is 3015-96 and the zip code is 10460.