1416 Franklin Ave The Bronx, NY 10456
- Commercial real estate
- 22,858 SF
- 6.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1416 Franklin Ave
- Lot size
- 6.00 lot acres
- Property size
- 22,858 SF
- Property type
- Commercial real estate
Description
This exceptional development opportunity presents a 22,858-square-foot retail site located at 1416 Franklin Avenue in the Bronx, New York, 10456. Situated on a 6-acre lot (approximately 82' x 75' irregular shape, totaling 10,390 square feet), this property is zoned R6. The R6 zoning allows for the construction of approximately 22,858 square feet of residential space as-of-right, and a substantial 49,872 square feet of community facility space. The property's strategic location adjacent to Crotona Park offers significant potential for a variety of development projects. This prime location in Bronx County provides excellent access to transportation and a vibrant community. The asking price for this remarkable development opportunity is $2,200,000. Block and Lot: 2936-6. This is a rare chance to acquire a sizable development site in a rapidly growing area of the Bronx. The property's zoning and size present a unique opportunity for developers seeking to capitalize on the area's increasing demand for residential and community facilities. Don't miss this chance to secure a prime piece of Bronx real estate.
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
- -73.8994688
- Latitude
- 40.8343259
