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1905 Vyse Avenue, Bronx, NY 10460

For Sale

$1,250,000

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

Explore this Property

For sale are two adjacent development sites located at 1903 & 1905 Vyse Avenue in the Bronx, NY. These sites collectively offer 7,238 square feet of development potential with a combined frontage of 50 feet and a depth of 144 feet. The properties are zoned R7-1, featuring a floor area ratio (FAR) of 3.44 which allows for the construction of up to 25,000 square feet of zoning floor area (ZFA). Strategically positioned just steps from the West Farms & Boston Road subway stop, the location ensures easy access to Manhattan within 35 minutes, enhancing commuter connectivity. The property is primed for a residential project under the newly enacted tax abatement program, 485-x Affordable Neighborhoods for New Yorkers (ANNY), presenting an appealing opportunity for rental developers. The allowable construction can go up to an 8-story building with approximately 36 units, making it an optimal choice for maximizing residential capacity and meeting urban housing demands. This offering represents a unique investment in a rapidly developing area, poised for significant growth and profitability.
MLS# 11279974

Courtesy Of Landair Property Advisors, LLC

(646) 559-4700

Property Features

  • Architecture Style
    Other
  • Roof Type
    Unknown

Map and Directions

Directions to 1905 Vyse Avenue, Bronx, NY 10460

Home seller CENTURY 21 Future Homes Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Future Homes Realty

(718) 863-0055
Learn More About Us

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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