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1745 W Farms Rd
Bronx, NY 10460
Fairmont - Claremont Village Development Site · Land For Sale
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0.16 AC
Property Facts
| Property Type | Land | Total Lot Size | 0.16 AC |
| Property Subtype | Industrial | No. Stories | 8 |
| Proposed Use | |||
| Zoning | R7X/C2-4 - Medium-density apartment house district with lower parking requirements | ||
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | |
| Total Lot Size | 0.16 AC |
| No. Stories | 8 |
| Zoning | R7X/C2-4 - Medium-density apartment house district with lower parking requirements |
Description
1745 West Farms Road is a 26’ x 170’ residential development site with approximately 40,507 buildable square feet located within a Certified Opportunity Zone. The property is located on the southeast corner of West Farms Road and east 174th Street in the Fairmont neighborhood of the Bronx. The property falls within one of the federally approved opportunity zones, providing future ownership with a rare opportunity to acquire and develop a new residential property that allows for significant tax benefits. The site is a few blocks east of the 174th Street subway station which is serviced by the 2 & 5 trains and is accessible by a variety of bus routes that canvass the area. The property also benefits from its proximity to the Bruckner Expressway as well as various parks in the area such as Croton Park, Claremont Park, and Starlight Park.
Property Taxes
| Parcel Number | 03015-0025 | Improvements Assessment | $1,156,050 |
| Land Assessment | $135,340 | Total Assessment | $1,291,390 |
Property Taxes
