754 E 211th Street,
Bronx,
NY
10467
Located in Williamsbridge, 754 E 211th St, Bronx, NY 10467, presents a prime development opportunity for developers looking to capitalize on a growing residential market. This midblock lot, spans a total of 4,513 square feet with dimensions of 50x90.25. Zoned R6A, the property boasts a Floor Area Ratio of 3.0. This zoning offers a maximum buildable square footage of 13,539 Sq. Ft. Currently, the property features a 1,495 square foot one family building which is delivered vacant. Strategically located, the property is within a short distance from multiple subway stations, ensuring ease of transportation to various other parts of New York City. Additionally, this property qualifies for the 485X tax abatement, providing substantial tax benefits and enhancing the overall financial viability of your project. The Eastern Bronx real estate market is undergoing significant growth and revitalization, driven by ongoing developments and an increasing demand for housing. The area's transformation presents a favorable environment for investment. Overall, 754 E 211th St offers an exceptional development opportunity in a rapidly growing area of the Bronx. The combination of favorable zoning, strategic location, valuable tax incentives, and the potential for significant growth makes this property a prime option for developers looking to make a substantial contribution in the Williamsbridge Community.
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