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4277 3rd Ave - Third Ave Opportunity Zone Development Site 0.29 Acres of Residential Land in Bronx, NY 10457

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INVESTMENT HIGHLIGHTS

  • Large Open Lot
  • Inclusionary Housing FAR: 4.60 - 59,064 Sq Ft
  • Base Residential FAR: 3.45- 44,298 Sq Ft
  • M1-4/R7A Zoning
  • FAR under City of Yes: 5.01 -64,328 Sq Ft
  • Community Facility FAR: 4.00-51,360 Sq Ft

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER AC
Taxes $21,840 $75,310.34
Operating Expenses - -
Total Expenses $21,840 $75,310.34

FINANCIAL SUMMARY (ACTUAL - 2024)

Taxes
Annual $21,840
Annual Per AC $75,310.34
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $21,840
Annual Per AC $75,310.34

PROPERTY FACTS

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Hospital
  • Hotel
Total Lot Size 0.29 AC
No. Stories 1
Opportunity Zone Yes
Zoning M1-4/R7A - Multi- Family

1 LOT AVAILABLE

Lot 82

Lot Size 0.29 AC

Mid Block Development Site Charter School being developed next door Owner created 125' Retaining wall along rear lot line

DESCRIPTION

Zoning District: M1-4/R7A Pre Zoning Analysis: Base Residential FAR: 3.45- 44,298 Sq Ft Affordable Residential FAR: 4.60 - 59,064 Sq Ft Market Rate Residential FAR: 4.00 -51,360 Sq Ft Commercial FAR: 2.00- 25,680 Community Facility FAR: 4.00-51,360 Sq Ft Map Number: 3d Community District: 6 in the Borough of the Bronx

Walk Score®
Walker's Paradise (90)
Transit Score®
Rider's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03044-0082
Land Assessment
$319,410 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$319,410 (2025)
Annual Taxes
$21,840
Tax Year
2024
  • Listing ID: 31965130

  • Date on Market: 5/30/2024

  • Last Updated:

  • Address: 4277 3rd Ave, Bronx, NY 10457

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