1291 Chisholm St

New York NY 10459

1437 sq. ft.

3000 sq. ft.

Duplex

Currently for sale - view listing

Overview

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.

Features

1437 sq. ft. floor area

3000 sq. ft. lot size

Duplex

Property history for 1291 Chisholm St

2017

Sold

$264,000

23 Feb 2017 by Guerys Mojica, of Safeway Realty Corp

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