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Financing welcome! There is a clean 2 family on the lot which will welcome financing.
Approved 13-Unit Residential Development Site in R7-1 Zoning
Presenting a shovel-ready residential development site in the heart of the Bronx, located at 2065 Valentine Avenue, just off East Burnside Avenue. The property sits within an R7-1 zoning district (MAP 3C, Block 3149 Lot 44) and features approved plans for a 7-story, 13-unit elevator building.
Key Development Facts
Zoning: R7-1 | Residential Use Group 2A
Lot Size: 2,509.35 SF (25 ft x 100.38 ft)
Lot Coverage: 58.99% (approx. 1,480 SF footprint)
Proposed Building: 7 stories + cellar
Proposed Gross Floor Area: 9,562.77 SF
Proposed Residential Floor Area: 9,562.77 SF
FAR (Proposed): 3.81 (Quality Housing permitted up to 4.0)
Max Permitted Floor Area: 10,037 SF
Approved Unit Mix
1st Floor: One (1) × 2-bedroom unit
2nd–7th Floors: Twelve (12) × 1-bedroom units
Total Units: 13 residential apartments
Additional Features
Bicycle Parking: 7 spaces
Front Yard: 8’-3” setback
Rear Yard: 30’-4”
No Off-Street Parking Required (per ZR §25-23)
Proposed Building Height: 65’-11”
Base Height: 45’-11”
Highlights
Fully designed & DOB-compliant project in a high-density residential corridor.
Walking distance to Grand Concourse, Fordham University, and the B/D/4 subway lines.
Strong rental demand area with easy access to shopping, schools, and hospitals.
Perfect for developers or investors seeking a mid-sized Bronx multifamily with efficient layout and manageable construction costs.
Summary
This development site offers a rare opportunity to acquire a fully planned, by-right R7-1 project delivering 13 high-efficiency residential units in a strong rental market. With 9,562 buildable square feet and proximity to major transit and amenities, 2065 Valentine Avenue represents an ideal small-scale infill project with high absorption potential and strong long-term upside.
