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Investment Highlights
- Zoned R7-1 and within 100 feet of a wide street located on W Farm Road.
- Approximetly 10 units can be built.
- No demolition needed
Executive Summary
Asset CRG Advisors, LLC, has been exclusively retained to market a prime development opportunity in the Fairmont–Claremont Village section of the Bronx.
The property consists of a 1,950-square-foot lot zoned R7-1, offering 6,708 buildable square feet for a ground-up residential project. Its favorable zoning and efficient footprint provide a strong platform for developers seeking to deliver new housing in a rapidly evolving South Bronx corridor.
The site is surrounded by neighborhood conveniences, including local shops, schools, parks, and community services, creating a desirable residential environment. Transit access is exceptional, with the Freeman Street station serving the 2 and 5 lines and the Whitlock Avenue station serving the 6 line, both offering quick connections throughout the Bronx and into Manhattan.
This location makes the property well-positioned for a new development catering to long-term demand in a highly accessible area.
The property consists of a 1,950-square-foot lot zoned R7-1, offering 6,708 buildable square feet for a ground-up residential project. Its favorable zoning and efficient footprint provide a strong platform for developers seeking to deliver new housing in a rapidly evolving South Bronx corridor.
The site is surrounded by neighborhood conveniences, including local shops, schools, parks, and community services, creating a desirable residential environment. Transit access is exceptional, with the Freeman Street station serving the 2 and 5 lines and the Whitlock Avenue station serving the 6 line, both offering quick connections throughout the Bronx and into Manhattan.
This location makes the property well-positioned for a new development catering to long-term demand in a highly accessible area.
Property Facts Under Contract
| Price | $700,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.04 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | R7-1 - Medium-density apartment house district with lower parking requirements | ||
| Price | $700,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.04 AC |
| Opportunity Zone |
Yes |
| Zoning | R7-1 - Medium-density apartment house district with lower parking requirements |
1 Lot Available
Lot
| Price | $700,000 | Lot Size | 0.04 AC |
| Price Per AC | $16,150,243.41 |
| Price | $700,000 |
| Price Per AC | $16,150,243.41 |
| Lot Size | 0.04 AC |
The lot consists of a 1,950-square-foot lot Zoned R7-1, the site benefits from an FAR of 3.44, allowing 6,708 buildable square feet.
Walk Score®
Very Walkable (84)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (76)
Property Taxes
| Parcel Number | 03007-0003 | Improvements Assessment | $0 |
| Land Assessment | $1,970 | Total Assessment | $1,970 |
Property Taxes
Parcel Number
03007-0003
Land Assessment
$1,970
Improvements Assessment
$0
Total Assessment
$1,970
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1410 Longfellow Ave
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