1291 Chisholm Street, Bronx, NY 10459
- $999,999
- List Price
- $999,999
- Status
- ACTIVE
- MLS#
- 1019888
Property Description
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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Additional Information
- Lot Size
- 3000
- Basement
- None
- Finished Basement
- N
- Year Built
- 1901
- School District
- Contact Agent
- Taxes
- $1,954
- Heating
- Baseboard, Other
- Parking
- On Street
- Water
- Other
- Sewer
- Other
Mortgage Calculator
Listing courtesy of Listing Agent: Joseph Armato Sr. (joe@globalrealtydevelopment.com) from Listing Office: Global Realty Development LLC.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.