For Sale
$2,200,000

1416 Franklin Ave The Bronx, NY 10456

$2.2M, 22,858 SF, R6 Zoning

Overview

Added:
Dec 11, 2024
Days on market:
128
This exceptional development opportunity presents a 22,858-square-foot retail site located at 1416 Franklin Avenue in the Bronx, New York, 10456. Situated on a 6-acre lot (approximately 82' x 75' irregular shape, totaling 10,390 square feet), this property is zoned R6. The R6 zoning allows for the construction of approximately 22,858 square feet of residential space as-of-right, and a substantial 49,872 square feet of community facility space. The property's strategic location adjacent to Crotona Park offers significant potential for a variety of development projects. This prime location in Bronx County provides excellent access to transportation and a vibrant community. The asking price for this remarkable development opportunity is $2,200,000. Block and Lot: 2936-6. This is a rare chance to acquire a sizable development site in a rapidly growing area of the Bronx. The property's zoning and size present a unique opportunity for developers seeking to capitalize on the area's increasing demand for residential and community facilities. Don't miss this chance to secure a prime piece of Bronx real estate.

Highlights

  • $2,200,000 asking price for a 22,858 SF retail property.
  • Located at 1416 Franklin Ave, Bronx, NY 10456.
  • 6-acre lot (82' x 75' irregular shape), 10,390 SF lot size.
  • R6 zoning.
  • Development potential: ~22,858 SF residential or ~49,872 SF community facility.

Property Details for 1416 Franklin Ave

Property type
Retail properties
Square Feet
22,858 SF
Lot Size (sq. ft)
261,360 SF

Location Insight

City
The Bronx
County
Bronx
State
New York
Latitude
40.8343259
Longitude
-73.8994688
1416 Franklin Ave, The Bronx, New York

FAQs

What type of property is this?
Retail property - $2.2M, 22,858 SF, R6 Zoning
Where is the retail property located?
The property is located at 1416 Franklin Ave The Bronx, NY.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: $2,200,000 asking price for a 22,858 SF retail property.; Located at 1416 Franklin Ave, Bronx, NY 10456.; 6-acre lot (82' x 75' irregular shape), 10,390 SF lot size.
How can I contact the broker?
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1416 Franklin Ave
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