3180 Villa Ave The Bronx, NY 10468
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 3180 Villa Ave
- Property type
- Commercial real estate
Description
This exceptional 3,064 square foot development site is located in the desirable Bedford Park neighborhood of the Bronx, New York. The property, situated at 3180 Villa Avenue, boasts a convenient location with easy access to local amenities and transportation. Zoned R8, this parcel offers significant development potential. The lot dimensions measure 25 feet wide by 123.69 feet deep. Demolition has already been completed, saving the buyer considerable time and expense. With a Floor Area Ratio (FAR) of 6.02 and a Facility FAR of 6.5, the maximum usable floor area is calculated at 18,445 square feet. This allows for the construction of a substantial residential building, with estimates suggesting the possibility of up to 22 units, subject to all necessary approvals and permits. The asking price for this prime development opportunity is $1,550,000. This represents a compelling investment in a rapidly growing area of the Bronx. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- The Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.886876542954
- Latitude
- 40.876584135077