Description
Package deal with 1715 W Farms Rd, Bronx 10460. The Boone/w farms assemblage is a large-scale development site located in the Crotona park east section of the Bronx. The site consists of two contiguous lots running from Boone Ave through w farms road, and comprise a lot area of approximately 19,634 square feet. The r7x/r7a zoning designation on the site, offers the potential owner the opportunity to develop an affordable rental building with a community facility component. Over the past few years, the neighborhood has experienced a boom in new residential apartment properties and several new educational facilities making this site ideally suited for self-storage or recreational facility for the community. The asset is located in a zoning district which includes inclusionary housing, fresh zone and opportunity zone, which allows an investors the possibility of taking advantage of these additional benefits these programs offer. The property is ideally located near starlight park, Bronx river greenway, rock garden park, Crotona park and other community amenities including soccer field and basketball courts. In addition, there are a few elementary and middle schools located within half mile of the property. The number 2 and 5 trains are located within seven blocks and can reach time square within 45 minutes. Major roadways nearby include Sheridan Blvd. and the cross Bronx expressway.
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0BEDS
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0.25ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Package deal with 1715 W Farms Rd, Bronx 10460. The Boone/w farms assemblage is a large-scale development site located in the Crotona park east section of the Bronx. The site consists of two contiguous lots running from Boone Ave through w farms road, and comprise a lot area of approximately 19,634 square feet. The r7x/r7a zoning designation on the site, offers the potential owner the opportunity to develop an affordable rental building with a community facility component. Over the past few years, the neighborhood has experienced a boom in new residential apartment properties and several new educational facilities making this site ideally suited for self-storage or recreational facility for the community. The asset is located in a zoning district which includes inclusionary housing, fresh zone and opportunity zone, which allows an investors the possibility of taking advantage of these additional benefits these programs offer. The property is ideally located near starlight park, Bronx river greenway, rock garden park, Crotona park and other community amenities including soccer field and basketball courts. In addition, there are a few elementary and middle schools located within half mile of the property. The number 2 and 5 trains are located within seven blocks and can reach time square within 45 minutes. Major roadways nearby include Sheridan Blvd. and the cross Bronx expressway.
© 2023 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sheil Estate | Coldwell Banker Realty. Data last updated: 2023-05-28T16:16:10.027.