Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    1416 Franklin Ave, The Bronx, NY 10456

    22,858 SF 6 ac lot
    Property ID
    US63-4380474
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 22,858 SF
    Lot 6 ac (261,360 SF)
    UPID US63-4380474
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 1416 Franklin Ave?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message