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Residential Land for Sale in Bronx, New York

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

$500,000
0.15 acres
Active
Est $4,096/mo

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.

Location

Street address
568-L W 261st St
School district
Contact Agent
Elevation
170 feet
Coordinates
40.9106, -73.9051

Directions

RIVERDALE neighborhood: Enter W 261st from Riverdale Avenue. The lot for sale is the back 65 x 100 ft. of the 206 ft lot where where the house is located. There is a street on the back side for access, accessible through Independence Avenue.

Property details

Lot size
0.154 acres6,708 sq ft
MLS #
MLSLI 931728
Posted

Parcels

  • 05953-0367

Details and features

Listing

Type
Land
Franchise
Keller Williams Realty

Structure

Sewer
Public Sewer

Nearby schools

NameLevelDistrictDescription
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Listing history

DateEventPriceChangeSource
Nov 4, 2025New listing$500,000MLSLI
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This 0.154-acre property is located at 568-L W 261st St in Bronx, NY 10471. The property is available for sale for $500,000.

Checked 8 hours ago — Updated

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