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.
Listing By
Agency Name: Global Realty Development LLC
Agency Phone: 914-960-4577
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimated Payment
$ 2,680.07 per month $2,225.57 Principal & Interest $162.83 Property Tax $291.67 Homeowner's InsuranceColdwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
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1291 Chisholm Street | MLS# 1019888
This multi-family property located at 1291 Chisholm Street, Bronx, NY 10459 is currently listed for sale with an asking price of $999,999. Chisholm Street is located within the Contact Agent school district. Search Bronx real estate on www.coldwellbankerchoice.com today.