Assignments

Corner Development Site in Crotona Park

927 Home St, Bronx, NY 10459

927 Home St, Bronx, NY 10459

under contract

Asking
Sale Price
$
1250000

Property Details

Status
For Sale
Property Type
Residential Development Site
Price Summary
$
1250000
Sale Price
$
Buildable SF
10044
Building SF
10044
LOT SF
10044
Cap RATE
%
Zoning
R7-1

Highlights

  • 2,920 Sq. Ft. Total Lot size. Dimensions of 27’ x 107’.
  • Zoned R7-1, allowing for a 10,044 Sq. Ft. As-of-Right. 14,629 Sq. Ft. with UAP.
  • Allows for a (14) unit Residential Building with Up to 14,629 ZFA.
  • Conveniently located 316 feet from the Freeman St subway station.
  • Delivered Vacant
  • Corner designation allows for a 100% Lot Coverage Ratio.

Property DEscription

Landair Advisors (“Landair”) has been retained as the exclusive broker to arrange the sale of 927 Home St, Bronx, NY – Block 2974, Lot 177 (the “Property”). The Property consists of a 27 Ft wide corner site totaling 2,920 Sq. Ft., with overall lot dimensions of approximately 27’ x 107'. Zoned R7-1, the site permits the development of a 10,044 Sq. Ft. market-rate residential building with (14) units. Alternatively, a 14,629 Sq. Ft. residential building can be built using the Universal Affordability Preference (“UAP”). Positioned just 316 feet from the Freeman Street subway station, the property offers immediate and convenient access to Manhattan. Located within the Crotona neighborhood, the area is experiencing steady demand for residential development, supported by ongoing urban revitalization and a growing population—driving continued momentum and long-term upside for investors and developers alike. Ongoing development along the block underscores the area’s proven viability for new construction. Recent projects serve as direct evidence of achievable execution, highlighting both developer confidence and sustained demand for new residential product in the immediate vicinity.

Map

Michael Briganti
Associate
(646) 559-4700
mb@landairnyc.com
Alexandre Goulet
Partner
(646) 559-4700
ag@landairnyc.com
Anand Melwani
Partner
(646) 559-4700
AM@landairnyc.com

Documents

Offering Memorandum
Data Room

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