Property
| Ownership: | For Sale |
|---|---|
| Type: | Duplex |
| Lot Size: | 0.1 Acres |
Financials
Listing Courtesy of Locqube New York, Inc.
Exceptional development opportunity in the vibrant heart of Fordham, Bronx.
Description
Exceptional development opportunity in the vibrant heart of Fordham, Bronx. This 2-family residence, built in 1920, sits on a 3,924 sq ft lot with 3,696 sq ft of building space. The property's R6 zoning designation unlocks significant development potential for residential expansion and redevelopment.
**Welcome to Fordham – Where Community Thrives**
Fordham is a dynamic, welcoming neighborhood that pulses with authentic energy and cultural richness. Anchored by historic Fordham University, this beloved community features tree-lined streets, charming pre-war brownstones, and a wonderful mix of architectural character. The neighborhood radiates with life – from diverse local restaurants and shops along the bustling Fordham Road corridor to the natural beauty of the NY Botanical Garden and Bronx Zoo nearby.
What makes Fordham special is its strong sense of community. Year-round festivals, cultural celebrations, and neighborhood institutions create a warm, inclusive atmosphere where families, young professionals, and longtime residents thrive together. The area is experiencing exciting growth – projected to add nearly 1,000 new households over the next 5 years – signaling strong confidence in the neighborhood's future.
**Smart Investment Fundamentals:**
The numbers back up the neighborhood's appeal. With a robust rental market (median rent $1,384/month), 97% renter-occupied housing, and steady population growth of 4.5% over 5 years, this is a neighborhood on the rise. Strategic location near major employers, universities, and attractions ensures consistent demand.
**Development Highlights:**
• R6 Zoning - Maximum development flexibility and residential potential
• Strong Rental Market - Proven demand with 97% renter-occupied housing
• Population Growth - 4.5% projected 5-year increase to 62,682 residents
• Vibrant Community - Cultural diversity, local businesses, and strong institutions
• Strategic Location - Near Fordham University, NY Botanical Garden, Bronx Zoo
• 3,924 sq ft Lot - Excellent for redevelopment and expansion
Perfect for developers, investors, and builders seeking strategic growth opportunities in a thriving, welcoming community. This property represents a compelling entry point for residential development in Fordham's vibrant and rapidly appreciating market.
Amenities
- Cable Connected
- Electricity Connected
- First Floor Bedroom
- First Floor Full Bath
- Natural Gas Connected
- Sewer Connected
- Trash Collection Public
- Water Connected

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.