Highlights
• Buildable SF: 8,688 BSF as-of-right; up to 11,294 BSF with UAP • Transit Access: Within 0.5 miles of the (4), (B), and (D) subway lines • Status: Delivered vacant • Taxes: Low annual property taxes of $4,134
Description
2850 Decatur Ave, Bronx, NY – Development Opportunity Located in the Northwest Bronx, 2850 Decatur Ave offers a strong investment opportunity in a growing residential market. The midblock lot spans 2,898 sq. ft. (25.5 x 113.58) and is zoned R7B, providing a 3.0 FAR with up to 8,688 buildable sq. ft. The site currently holds a 3,860 sq. ft. building that will be delivered vacant, making it ideal for redevelopment.The property benefits from proximity to multiple subway stations for easy citywide access and qualifies for the 485X tax abatement, significantly improving project feasibility. With the Northwest Bronx undergoing revitalization and increasing housing demand, this property presents a rare chance for developers to capitalize on favorable zoning, strategic location, tax incentives, and strong market growth.
Listing Details
- Space Type
land
- Sub Category
residential
- Date Listed
8/28/2025
Property Specifics
- Property Name
Bedford Park Development Site
- Lot Size
2,898 SF
- Zoning
R7B