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754 E 211th St - 50' x 90' - R6A - 13,539 BSF As Of Right

0.1 Acres of Residential Land Offered at £1,137,394 in Bronx, NY 10467

Investment Highlights

  • 50' x 90.25' Lot Zoned R6A. 13,539 BSF As-Of-Right.
  • Located. .2 Miles from the (2) and (5) Subway Train Lines
  • Detached (1) Family House Delivered Vacant
  • Low Annual Taxes of $5,369

Executive Summary

The Eastern Bronx real estate market is undergoing significant growth and revitalization, driven by ongoing developments and an increasing demand for housing. The area’s transformation presents a favorable environment for investment.
Overall, 754 E 211th St offers an exceptional development opportunity in a rapidly growing area of the Bronx. The combination of favorable zoning, strategic location, valuable tax incentives, and the potential for significant growth makes this property a prime option for developers looking to make a substantial contribution in the Williamsbridge Community.

Property Facts

Price £1,137,394
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.10 AC

1 Lot Available

Lot

Price £1,137,394
Price Per AC £10,978,288
Lot Size 0.10 AC

Strategically located, the property is within a short distance from multiple subway stations, ensuring ease of transportation to various other parts of New York City. Additionally, this property qualifies for the 485X tax abatement.

Description

Located in Williamsbridge, 754 E 211th St, Bronx, NY 10467, presents a prime development opportunity for developers looking to capitalize on a growing residential market. This midblock lot, spans a total of 4,513 square feet with dimensions of 50x90.25. Zoned R6A, the property boasts a Floor Area Ratio of 3.0. This zoning offers a maximum buildable square footage of 13,539 Sq. Ft. Currently, the property features a 1,495 square foot one family building which is delivered vacant. Strategically located, the property is within a short distance from multiple subway stations, ensuring ease of transportation to various other parts of New York City. Additionally, this property qualifies for the 485X tax abatement, providing substantial tax benefits and enhancing the overall financial viability of your project. The Eastern Bronx real estate market is undergoing significant growth and revitalization, driven by ongoing developments and an increasing demand for housing. The area’s transformation presents a favorable environment for investment. Overall, 754 E 211th St offers an exceptional development opportunity in a rapidly growing area of the Bronx. The combination of favorable zoning, strategic location, valuable tax incentives, and the potential for significant growth makes this property a prime option for developers looking to make a substantial contribution in the Williamsbridge Community.

Walk Score ®
Very Walkable (88)
Transit Score ®
Rider's Paradise (95)
Bike Score ®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code R6 (Medium density residential district)
R6 (Medium density residential district)
  • Listing ID: 33910380

  • Date on Market: 18/11/2024

  • Last Updated:

  • Address: 754 E 211th St, Bronx, NY 10467

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