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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 $1,450,000 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
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 | $1,450,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 0.10 AC |
| Price | $1,450,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.10 AC |
1 Lot Available
Lot
| Price | $1,450,000 | Lot Size | 0.10 AC |
| Price Per AC | $13,995,599 |
| Price | $1,450,000 |
| Price Per AC | $13,995,599 |
| 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.
zoning
| Zoning Code | R6 (Medium density residential district) |
| R6 (Medium density residential district) |
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Alexandre Goulet -
Anand Melwani -
Tony Yu -
Landair Property Advisors
Presented by
754 E 211th St - 50' x 90' - R6A - 13,539 BSF As Of Right
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