PROPERTY OVERVIEW: A 9,750 BSF residential development opportunity on a 2,500 SF site, located in a rapidly evolving residential corridor in the Bronx. The site is zoned R6-1, located within a Mandatory Inclusionary Housing (MIH) area, and is suitable for mid-density residential development, including multi-family buildings or townhouses, subject to DOB verification and required approvals. The property includes existing structures with flexible occupancy, providing potential cash flow during planning and approvals. ZONING & DEVELOPMENT POTENTIAL: Zoning: R6-1 Approximately 9,750 BSF (3.90 FAR). Total Lot Area: 2,500 SF Supports mid-density residential development in keeping with neighborhood context Residential development may achieve up to approximately 3.90 FAR (9,750 BSF) with MIH compliance, and community facility uses may allow up to 4.80 FAR (12,000 BSF) , subject to DOB and zoning verification TRANSIT-ORIENTED LOCATION & NEARBY AMENITIES: Located within the new Metro-North Rezone Area, just steps from the future Metro-North station Rare opportunity to secure a site in one of the most attractive upcoming transit hubs Proximity to Albert Einstein College of Medicine, Montefiore Medical Center, and nearby hospitals, enhancing residential demand Close to local amenities, schools, parks, and major Bronx thoroughfares Neighborhood growth and active residential development provide momentum for future projects INVESTMENT OVERVIEW: This offering represents a rare opportunity to acquire a 9,750 BSF development site in the Bronx. Ideal for developers, investors, or end-users seeking to capitalize on rezoning, neighborhood growth, and flexible acquisition terms. FLEXIBLE TERMS: Property is priced at $1,150,000 ($118 per BSF) Closing can be contingent on development approvals Seller financing may be available Please do not disturb the tenants.