BEDS0
BATHS
MLS#1019888
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLContact Agent
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: None
Cooling: None
Heating: Baseboard, Other
Lot Size: 0.07 Acres
Taxes: $1,954
Year Built: 1901
Amenities
Other
Feature Descriptions
Building Area Total: 1437
Days on Site: 8
Exterior: Frame
On Market Date: 2026-06-29
Parcel Number: 02970-0070
Parking Features: On Street
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Other
Units: 2
Utilities: Cable Available, Electricity Connected
Water: Other
Local Schools
High School: Contact Agent
Elementary School: Contact Agent
School District: Contact Agent
Estimate Your Payment
Estimated Payment
$ 5,511.04 per month $5,056.54 Principal & Interest $162.83 Property Tax $291.67 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: Global Realty Development LLC
Agency Phone: 914-960-4577
Shown By
Agent Name: Linda Kyan
Agent Phone: (212) 518-3080
Agency Title: Coldwell Banker American Homes
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1291 Chisholm Street | MLS# 1019888
This multi-family property located at 1291 Chisholm Street, Bronx, NY 10459 is currently listed for sale with an asking price of $999,999. Chisholm Street is located within the Contact Agent school district. Search Bronx real estate on lindakyan.cbamhomes.com today.