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927 Home St - Corner Development Site in Crotona Park 0.07 Acres of Commercial Land Offered at $1,250,000 in Bronx, NY 10459
Investment Highlights
- 2,920 Sq. Ft. Total Lot size. Dimensions of 27’ x 107’
- Allows for a (14) unit Residential Building with Up to 14,629 ZFA
- Delivered Vacant
- Zoned R7-1, allowing for a 10,044 Sq. Ft. As-of-Right. 14,629 Sq. Ft. with UAP
- Conveniently located 316 feet from the Freeman St subway station
- Corner designation allows for a 100% Lot Coverage Ratio
Property Facts
1 Lot Available
Lot
| Price | $1,250,000 | Lot Size | 0.07 AC |
| Price Per AC | $18,647,253.63 |
| Price | $1,250,000 |
| Price Per AC | $18,647,253.63 |
| Lot Size | 0.07 AC |
Description
Landair Advisors (“Landair”) has been retained as the exclusive broker to arrange the sale of 927 Home St, Bronx, NY – Block 2974, Lot 177 (the “Property”). The Property consists of a 27 Ft wide corner site totaling 2,920 Sq. Ft., with overall lot dimensions of approximately 27’ x 107'. Zoned R7-1, the site permits the development of a 10,044 Sq. Ft. market-rate residential building with (14) units. Alternatively, a 14,629 Sq. Ft. residential building can be built using the Universal Affordability Preference (“UAP”). Positioned just 316 feet from the Freeman Street subway station, the property offers immediate and convenient access to Manhattan. Located within the Crotona neighborhood, the area is experiencing steady demand for residential development, supported by ongoing urban revitalization and a growing population—driving continued momentum and long-term upside for investors and developers alike. Ongoing development along the block underscores the area’s proven viability for new construction. Recent projects serve as direct evidence of achievable execution, highlighting both developer confidence and sustained demand for new residential product in the immediate vicinity.
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927 Home St - Corner Development Site in Crotona Park
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