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Map
$999,999
●
House -
For Sale
1903 Vyse Avenue
Bronx, NY 10460
Studio
0 Bath
$4,911
Estimated Monthly
About This Property
For sale is a development site located at 1903 Vyse Avenue, Bronx,
NY 10460. This parcel measures 25' x 144.75', totaling 3,619 sq.
ft. It is zoned R7-1 with a Floor Area Ratio (FAR) of 3.44,
allowing the construction of a residential building up to 12,449
sq. ft. The site's positioning is just 0.3 miles from the West
Farms Square and E Tremont Avenue subway stop, providing a
35-minute subway ride to Manhattan. This property is currently
vacant, offering potential for a new development project without
existing tenant relocation requirements. The site
offers the possibility of being combined with the neighboring lot
to create a larger 50' wide development footprint. It is
well-located near major retail corridors such as Boston Road and
East Tremont Avenue, close to key local attractions including the
Bronx Zoo and Fordham University. The recent implementation of the
485-x tax abatement program, Affordable Neighborhoods for New
Yorkers ("ANNY"), enhances the site's appeal, particularly for
rental developers. Prospective projects could envision a 7-story
building comprising approximately 18 residential units. This
represents a significant opportunity for developers aiming to
capitalize on the growth and development potential in the Bronx
area.
Unit Size
-
Days on Market
37 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1901
Listed By
Last updated: 2 months ago (NYSMLS #11277626)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 9, 2024 | Listed by Landair Property Advisors, LLC | $999,999 | |
Listed by Landair Property Advisors, LLC |
Property Highlights
Building Details
New Construction
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
9
Beds
6
Baths
-
$995,000
Mar 12, 2021
$995,000
Jun 18, 2021
$408/mo
Multifamily
8
Beds
4
Baths
-
$920,000
Jan 25, 2022
$920,000
Nov 18, 2022
$786/mo
Multifamily
9
Beds
6
Baths
-
$976,000
Jan 8, 2021
$976,000
May 6, 2021
$510/mo
In Contract
Townhouse
5
Beds
4
Baths
-
$849,999
Aug 24, 2023
-
$484/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|