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$899,999
PRICE
Reduced by $100,000
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1,437
Sqft
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0.07
Acres
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1901
Built
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$626
Price/Sqft
DEVELOPMENT OPPORTUNITY — 1291 Chisholm Street, Bronx, NY 10459. Prime 3,000 sq ft development site (25' x 120') in the rapidly evolving Crotona Park East section of the Bronx, zoned R7-1 for medium-density residential use. Under the Quality Housing option, the lot supports a max FAR of 4.0 — up to ±12,000 buildable sq ft — with community facility use permitted as-of-right up to 4.8 FAR, and mixed-use residential/community facility combinations also allowed. Max building height runs to roughly 80 ft (60 ft base before required setback), and parking requirements (60% of dwelling units) can be waived if 5 or fewer spaces are needed, a real cost advantage for smaller-unit buildings. The site is well-positioned for a ground-up multifamily building — 6-10+ units depending on configuration — in a neighborhood backed by strong transit access, parks, schools, and retail, making it an ideal opportunity for a developer or investor looking to capture upside in one of the Bronx's most active rezoning corridors. Buyer/developer should verify final buildable envelope, FAR calculation, and any applicable inclusionary housing bonuses with a licensed architect or expediter prior to purchase.
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Additional Information
ADDITIONAL INFORMATION
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DAYS ON MARKET:
39
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ELEMENTARY SCHOOL:
Contact Agent
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ELEMENTARY SCHOOL DISTRICT:
Contact Agent
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HIGH SCHOOL:
Contact Agent
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MIDDLE SCHOOL:
Call Listing Agent
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ON MARKET DATE:
2026-06-29
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PARKING:
On Street
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SEWER:
Other
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TAX AMOUNT:
$1,954
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TYPE:
Residential Income
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UNIT COUNT:
2
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UTILITIES:
Cable Available, Electricity Connected
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YEAR BUILT:
1901
INTERIOR/EXTERIOR FEATURES
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CONSTRUCTION MATERIALS:
Frame
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HEAT:
Baseboard, Other
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INTERIOR FEATURES:
Other
Listing Courtesy of Joseph Armato of Global Realty Development LLC (914.960.4577).
Location for 1291 Chisholm Street, Bronx, NY