1717 W Farms Road, Crotona Park East, Bronx, NY 10460
Crotona Park East, Bronx, NY 10460
$10,000,000
- Land
AGENTS
Source of Data:
OneKey MLS
Property Description
Click for NYS Housing Discrimination Disclosure Notice & Form
Sold as a package deal with 1680 Boone Avenue. Alternate addresses -- 1715 W Farms Rd 10460 The Boone Avenue and W Farms Road assemblage is a fantastic opportunity for development in the vibrant Crotona Park East neighborhood of the Bronx. These two adjacent lots combine to offer a substantial lot area of approximately 19,634 square feet. The zoning designation for this site is R7X/R7A, which means that the potential owner has the exciting prospect of creating an affordable rental building with a community facility component. What makes this location particularly enticing is the recent surge of new residential apartment properties and educational facilities in the neighborhood. This development site is perfectly positioned to benefit from this positive trend. Considering the community's needs and preferences, options like self-storage facilities or recreational amenities for the residents would be great choices. One of the advantages of this property is its inclusion in a zoning district that features inclusionary housing, fresh zone, and opportunity zone designations. These designations offer additional benefits and incentives to investors who choose to develop in this area. It's a win-win situation for both the community and potential investors. Another highlight of this property is its excellent proximity to various community amenities. Starlight Park, Bronx River Greenway, Rock Garden Park, and Crotona Park are all nearby, providing ample opportunities for outdoor activities and relaxation. Soccer fields and basketball courts further add to the recreational options. Families will also appreciate the convenience of having elementary and middle schools located within a half-mile radius of the property, ensuring easy access to quality education for their children. Transportation options are a breeze as well. The Number 2 and 5 train stations are just a short walk away, allowing residents to reach Times Square in about 45 minutes. For those who prefer to drive, major roadways like Sheridan Blvd. and the Cross Bronx Expressway are conveniently close by, making commuting and exploring the city a breeze. Overall, the Boone Avenue and W Farms Road assemblage presents a promising opportunity for development in a thriving neighborhood with a strong sense of community. With its favorable zoning, proximity to amenities, and excellent transportation links, this property has all the ingredients for a successful venture.
PROPERTY DETAILS
- Exterior
- .25 Acres
- Property Type
- Land
- MONTHLY REAL ESTATE TAX
- $5,510
- MLS/Listing ID
- H6219996
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