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Single Family House for Sale in Bronx, New York, Bronx, NY 10459 | Web ID: 1019888 | $899,999

1291 Chisholm Street , Bronx , NY 10459

 
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Property Description

Development Opportunity — 1291 Chisholm Street, Bronx, Ny 10459. Prime 3, 000 Sq Ft Development Site (25' X 120') In The Rapidly Evolving Crotona Park East Section Of The Bronx, Zoned R7-1 For Medium-density Residential Use. Under The Quality Housing Option, The Lot Supports A Max Far Of 4.0 — Up To ±12, 000 Buildable Sq Ft — With Community Facility Use Permitted As-of-right Up To 4.8 Far, And Mixed-use Residential/community Facility Combinations Also Allowed. Max Building Height Runs To Roughly 80 Ft (60 Ft Base Before Required Setback), And Parking Requirements (60% Of Dwelling Units) Can Be Waived If 5 Or Fewer Spaces Are Needed, A Real Cost Advantage For Smaller-unit Buildings. The Site Is Well-positioned For A Ground-up Multifamily Building — 6-10+ Units Depending On Configuration — In A Neighborhood Backed By Strong Transit Access, Parks, Schools, And Retail, Making It An Ideal Opportunity For A Developer Or Investor Looking To Capture Upside In One Of The Bronx's Most Active Rezoning Corridors. Buyer/developer Should Verify Final Buildable Envelope, Far Calculation, And Any Applicable Inclusionary Housing Bonuses With A Licensed Architect Or Expediter Prior To Purchase.

Property Information

Location/Town New York
Area/County Bronx
Post Office/Postal City Bronx
Prop. Type Single Family House for Sale
Tax $1,954.00
Year Built 1901
Basement None
Construction Frame
Total Units 2
Lot SqFt 3,000
Cooling None
Heat Source Baseboard, Other
Util Incl Cable Available, Electricity Connected
Days On Market 32
Parking Features On Street
Tax Assessed Value 37500
Units 2
School District Contact Agent
Middle School Call Listing Agent
Elementary School Contact Agent
High School Contact Agent
Features Other
Listing information courtesy of: Global Realty Development LLC

RealtyDepotNY

Tel: 718-896-0777
Cell: 347-219-2037
Fax: 718-896-7020

 

 

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