3180 Villa Ave The Bronx, NY 10468
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.