DEVELOPER'S OPPORTUNITY | R7-1 ZONING | CROTONA PARK EAST, SOUTH BRONX Prime development site in one of the Bronx's fastest-growing neighborhoods. This 3,294 sq ft multi-family property sits on a 2,000 sq ft lot zoned R7-1 - a medium-density district permitting buildings up to 155 feet tall with flexible building envelopes. Ideal for new construction, gut renovation, or community facility conversion. WHY DEVELOPERS ARE BUYING HERE: - R7-1 zoning allows massive density upside well beyond the current structure - Crotona Park East is an active HPD/HDC investment corridor with multiple new affordable and mixed-income projects recently funded nearby - Steps from the 2 and 5 subway lines - key transit access required for NYC housing programs (ELLA, 421-a, City of Yes) - One of the Bronx's hottest submarkets for affordable and workforce housing demand CURRENT STRUCTURE: - 6 Bedrooms | 4 Bathrooms | 3,294 sq ft of living space - Finished basement | Off-street parking - Delivered VACANT within 30 days - no tenant displacement delays IDEAL FOR: Ground-up development, gut renovation for maximum unit count, community facility conversion, or affordable housing program financing (HPD, HCR, ELLA, City of Yes). Asking: $1,300,000 | For Sale By Owner | Serious inquiries only.
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