4416 Richardson AveThe Bronx, NY 10470

This exceptional 3,474 square foot residential lot in the Bronx, New York (APN: 05069-0001), is zoned R5, offering significant development potential. Located at 4416 Richardson Ave, The Bronx, NY 10470, this property presents a unique opportunity for builders and investors. The R5 zoning allows for higher density housing than R3-2 and R4 districts, with a Floor Area Ratio (FAR) of 1.25, typically resulting in three or four-story attached houses. The lot's size, combined with the FAR, suggests a potential buildable area of approximately 4,342.5 square feet (3,474 sq ft x 1.25 FAR). This prime location in a densely populated area of the Bronx makes this an attractive investment opportunity. The asking price is $265,000, translating to a land value of $76.28 per square foot. The seller is motivated for a quick sale. Serious inquiries only.