296 E 163rd Street, Bronx, NY 10451

For Sale: Prime Development Opportunity in the Bronx, NY Three adjacent properties at 394, 396, and 398 East 163rd St are available for purchase, ideal for developers. Totaling 85' by 115', these properties are zoned R7-1 on a Narrow Street, offering a unique opportunity. Key Details: Zoning: R7-1 on a Narrow Street (<75 feet wide), Combined size: 85' by 115', Allowable FAR: 3.44, resulting in a buildable area of 33,626 s.f. Maximum density coefficient: 680 s.f., allowing for a maximum of 49 apartments, Parking requirement: 30%, equivalent to 15 spaces (waivable), Potential for a 49-unit building with no parking, Maximum Height: 75 feet This is a promising venture for developers to create a significant residential or mixed-use project. Explore the possibilities of maximizing the buildable area and unit count, with the potential to introduce a Community Facility for added flexibility. Conatct us for more details