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.
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Zillow last checked:
Listing updated:
Listed by:
Global Realty Development LLC914-960-4577,
Joseph Armato Sr.914-960-4577
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1019888
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Facts & features
Interior
Heating
Baseboard, Other
Cooling
None
Features
Other
Basement: None
Interior area
Total structure area: 1,437
Total interior livable area: 1,437 sqft
Property
Parking
Parking features: On Street
Has uncovered spaces: Yes
Lot
Size: 3,000 Square Feet
Details
Parcel number: 029700070
Special conditions: None
Construction
Type & style
Home type: MultiFamily
Property subtype: Duplex, Multi Family
Attached to another structure: Yes
Materials
Frame
Condition
Year built: 1901
Utilities & green energy
Sewer: Other
Water: Other
Utilities for property: Cable Available, Electricity Connected
Community & HOA
Location
Region: Bronx
Financial & listing details
Price per square foot: $696/sqft
Tax assessed value: $37,500
Annual tax amount: $1,954
Date on market: 6/29/2026
Cumulative days on market: 14 days
Listing agreement: Exclusive Right To Sell
Electric utility on property: Yes
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
6/29/2026
Listed for sale
$999,999+90.7%$696/sqft
Source: OneKey® MLS as distributed by MLS GRID #1019888Report a problem
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.