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Property view

568-L W 261st Street, 
Bronx, NY 10471

$500,000


Bed


Bath


-

Sq Ft


0.15

Acres (Lot)


Land

Active

Listed by

Gregory Tsougranis

Julia V. Egorova

Keller Williams Realty Nyc Grp

Last updated:

November 4, 2025, 10:38 PM

MLS#

931728

Source:

OneKey MLS

About This Land

568-L W 261st Street

Land for development in HIGH-NET-WORTH North Riverdale community.  Whether your looking to build your dream home in an elite community minutes to/from Manhattan or a builder specializing in high-net worth housing, this is the opportunity you have been waiting for! Owner will subdivide the present 65 x 206 lot offering a 65 x 100 subdivision. BLOCK 5953 / LOT 367. R1-2 Zoning allowing for a detached single-family home (Minimum requirements include; lot area 5,700 sf, Lot width 60ft., rear yard 30 ft., side yards 20 ft total, Open space ratio 150, MAX FAR .5, Sky exposure plane - starts at 25ft., DU factor 2,850, Requited parking 1 per DU.)  Owner will file subdivision paperwork with signed contacts.  With a 6,500 sq. ft. footprint and a .5 Max FAR, the base calculation for a single-family home should be approximately 3,250 sq. ft. in a community where the last home sold for $2,037,300 (550 W 261st -). Potential for an additional 700 - 800 sq ft due to recent ADU legislation passed.  Information is deemed accurate but must be verified by a professional architect. The subdivision includes the back lot portion, not the front lot where the home is situated.  X rated non-flood zone. Special natural Area District (SNAD) overlay applicable. Annual taxes entered as zero since the lot is not yet subdivided.

Land Facts

Description/Design:

Land

Lot Size (Acres)

0.15

MLS #:

931728

Last Updated:

November 4, 2025, 10:38 PM

Added:

2 day(s) ago


Finances & Disclosures

Finances

Price:

$500,000

Source:OneKey MLS
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