568-L W 261st Street

Bronx, NY 10471 Directions
$450,000
  • 0.15Acres

Property Highlights

  • Elementary: Contact Agent
  • Mid. School: Call Listing Agent
  • High School: Contact Agent
  • Neighborhood: Riverdale
  • Days on Market: 140
  • MLS: 931728

Property Highlights

  • Elementary: Contact Agent
  • Mid. School: Call Listing Agent
  • High School: Contact Agent
  • Neighborhood: Riverdale
  • Days on Market: 140
  • MLS: 931728

Land for development in HIGH-NET-WORTH North Riverdale community.  Whether your looking to build your dream home in an elite community minutes to/from Manhattan or a builder specializing in high-net worth housing, this is the opportunity you have been waiting for! Owner will subdivide the present 65 x 206 lot offering a 65 x 100 subdivision. BLOCK 5953 / LOT 367. R1-2 Zoning allowing for a detached single-family home (Minimum requirements include; lot area 5,700 sf, Lot width 60ft., rear yard 30 ft., side yards 20 ft total, Open space ratio 150, MAX FAR .5, Sky exposure plane - starts at 25ft., DU factor 2,850, Requited parking 1 per DU.)...

Property Highlights

  • Elementary: Contact Agent
  • Mid. School: Call Listing Agent
  • High School: Contact Agent
  • Neighborhood: Riverdale
  • Days on Market: 140
  • MLS: 931728

Land for development in HIGH-NET-WORTH North Riverdale community.  Whether your looking to build your dream home in an elite community minutes to/from Manhattan or a builder specializing in high-net worth housing, this is the opportunity you have been waiting for! Owner will subdivide the present 65 x 206 lot offering a 65 x 100 subdivision. BLOCK 5953 / LOT 367. R1-2 Zoning allowing for a detached single-family home (Minimum requirements include; lot area 5,700 sf, Lot width 60ft., rear yard 30 ft., side yards 20 ft total, Open space ratio 150, MAX FAR .5, Sky exposure plane - starts at 25ft., DU factor 2,850, Requited parking 1 per DU.)  Owner will file subdivision paperwork with signed contacts.  With a 6,500 sq. ft. footprint and a .5 Max FAR, the base calculation for a single-family home should be approximately 3,250 sq. ft. in a community where the last home sold for $2,037,300 (550 W 261st -). Potential for an additional 700 - 800 sq ft due to recent ADU legislation passed.  Information is deemed accurate but must be verified by a professional architect. The subdivision includes the back lot portion, not the front lot where the home is situated.  X rated non-flood zone. Special natural Area District (SNAD) overlay applicable. Annual taxes entered as zero since the lot is not yet subdivided.

Land for development in HIGH-NET-WORTH North Riverdale community.  Whether your looking to build your dream home in an elite community minutes to/from Manhattan or a builder specializing in high-net worth housing, this is the opportunity you have been waiting for! Owner will subdivide the present 65 x 206 lot offering a 65 x 100 subdivision. BLOCK 5953 / LOT 367. R1-2 Zoning allowing for a detached single-family home (Minimum requirements include; lot area 5,700 sf, Lot width 60ft., rear yard 30 ft., side yards 20 ft total, Open space ratio 150, MAX FAR .5, Sky exposure plane - starts at 25ft., DU factor 2,850, Requited parking 1 per DU.)  Owner will file subdivision paperwork with signed contacts.  With a 6,500 sq. ft. footprint and a .5 Max FAR, the base calculation for a single-family home should be approximately 3,250 sq. ft. in a community where the last home sold for $2,037,300 (550 W 261st -). Potential for an additional 700 - 800 sq ft due to recent ADU legislation passed.  Information is deemed accurate but must be verified by a professional architect. The subdivision includes the back lot portion, not the front lot where the home is situated.  X rated non-flood zone. Special natural Area District (SNAD) overlay applicable. Annual taxes entered as zero since the lot is not yet subdivided.

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  • Additional Information
    • Days On Market: 140
    • Elementary School: Contact Agent
    • Elementary School District: Contact Agent
    • High School: Contact Agent
    • Middle School: Call Listing Agent
    • On Market Date: 2025-11-03
    • Sewer: Public Sewer
    • Type: Land
  • Interior/Exterior Features
Listing Courtesy of Gregory Tsougranis of Keller Williams Realty NYC Grp.
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