Prime R8 Development Opportunity 108 East 179th Street, Bronx, NY Exceptional opportunity to acquire a 20 x 80 lot 1, 600 SF located in a strong Bronx corridor, currently improved ...


Property

Website: https://www.nestseekers.com/5366048
Address:
New York, NY 10453
Ownership: For Sale
Type: Unknown
Lot Size: 0.0 Acres

Financials

Price:$1,999,999
Annual Taxes:$4,262

Description

Prime R8 Development Opportunity – 108 East 179th Street, Bronx, NY Exceptional opportunity to acquire a 20’ x 80’ lot (1,600 SF) located in a strong Bronx corridor, currently improved with a multiple dwelling walk-up (approx. 2,700 SF existing). Zoned R8, this site offers significant upside for redevelopment: Maximum Buildable SF: ~11,520 SF (FAR 7.2) Projected Unit Count: ~17 residential units No Front or Side Yard Requirements Rear Yard: 30’ (shallow lot adjustment eligible) Lot Coverage: Up to 65% (with adjustment potential) Height Potential: 115’–135’ Base Height: 85’–95’ before setback This property is ideal for developers looking to capitalize on high-density residential zoning in a growing Bronx submarket. The configuration allows for efficient unit layouts and strong rental potential. Full redevelopment play with clear zoning parameters and scalability.

Amenities

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Contact

505 Park Ave, New York, NY 10022
Listing Courtesy of Keller Williams Realty NYC Grp