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

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 | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.29 AC |
| Property Type | Land | No. Stories | 1 |
| Property Subtype | Residential | Opportunity Zone |
Yes
|
| Zoning | M1-4/R7A - Multi- Family | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| 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 |
| 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
1 1
Walk Score®
Walker's Paradise (90)
Transit Score®
Rider's Paradise (100)
PROPERTY TAXES
| Parcel Number | 03044-0082 | Total Assessment | $319,410 (2025) |
| Land Assessment | $319,410 (2025) | Annual Taxes | $21,840 |
| Improvements Assessment | $0 (2025) | Tax Year | 2024 |
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
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4277 3rd Ave - Third Ave Opportunity Zone Development Site
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