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Property Description

Land for development in HIGH-NET-WORTH North Riverdale community.  Whether your looking to build your dream home in an elite community minutes to/from Manhattan or a builder specializing in high-net worth housing, this is the opportunity you have been waiting for! Owner will subdivide the present 65 x 206 lot offering a 65 x 100 subdivision. BLOCK 5953 / LOT 367. R1-2 Zoning allowing for a detached single-family home (Minimum requirements include; lot area 5,700 sf, Lot width 60ft., rear yard 30 ft., side yards 20 ft total, Open space ratio 150, MAX FAR .5, Sky exposure plane – starts at 25ft., DU factor 2,850, Requited parking 1 per DU.)  Owner will file subdivision paperwork with signed contacts.  With a 6,500 sq. ft. footprint and a .5 Max FAR, the base calculation for a single-family home should be approximately 3,250 sq. ft. in a community where the last home sold for $2,037,300 (550 W 261st -). Potential for an additional 700 – 800 sq ft due to recent ADU legislation passed.  Information is deemed accurate but must be verified by a professional architect. The subdivision includes the back lot portion, not the front lot where the home is situated.  X rated non-flood zone. Special natural Area District (SNAD) overlay applicable. Annual taxes entered as zero since the lot is not yet subdivided.

Features
Sewer:
Public Sewer
Address Map
City:
NY
State:
NY
County:
Bronx County
Directions:
RIVERDALE neighborhood: Enter W 261st from Riverdale Avenue. The lot for sale is the back 65 x 100 ft. of the 206 ft lot where where the house is located. There is a street on the back side for access, accessible through Independence Avenue.
Property and Construction
Elementary School:
Contact Agent
High School:
Contact Agent
Agent MlsId:
20855
Office MlsId:
KWRNYC
MiddleOrJunior School:
Call Listing Agent
Special Listing Conditions:
No
PhotosCount:
6

Land For Sale

568-L 261st Street, New York, NY

$500,000
Listing ID #931728
Basic Details
Property Type :
Land
Listing ID :
931728
Price :
$500,000
Bathrooms Total :
0
Status :
Active
Status :
Active
Listing Office :
Keller Williams Realty NYC Grp
Listing Agent :
Gregory Tsougranis
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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