108 E 179th St Bronx, NY 10453
Mount Hope NeighborhoodEstimated payment $11,032/month
About This Lot
Prime R8 Development Opportunity – 108 East 179th Street, Bronx, NY Exceptional opportunity to acquire a 20’ x 80’ lot (1,600 SF) located in a strong Bronx corridor, currently improved with a multiple dwelling walk-up (approx. 2,700 SF existing). Zoned R8, this site offers significant upside for redevelopment: Maximum Buildable SF: ~11,520 SF (FAR 7.2)
Projected Unit Count: ~17 residential units
No Front or Side Yard Requirements
Rear Yard: 30’ (shallow lot adjustment eligible)
Lot Coverage: Up to 65% (with adjustment potential)
Height Potential: 115’–135’
Base Height: 85’–95’ before setback This property is ideal for developers looking to capitalize on high-density residential zoning in a growing Bronx submarket. The configuration allows for efficient unit layouts and strong rental potential. Full redevelopment play with clear zoning parameters and scalability.
Listing Agent
Keller Williams Realty NYC Grp Brokerage Phone: 718-697-6800 License #10401259028 Listed on: 03/24/2026
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,262
Lot Details
- 1,600 Sq Ft Lot
- Lot Dimensions are 20 x 80
- Property is zoned r8
Schools
- Ps 33 Timothy Dwight Elementary School
- JHS 80 Mosholu Parkway Middle School
- Bronx High School Of Science
Listing and Financial Details
- Legal Lot and Block 96 / 2807
- Assessor Parcel Number 02807-0096
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,021 | $21,220 | $5,898 | $15,322 |
| 2024 | $4,021 | $20,020 | $5,912 | $14,108 |
| 2023 | $4,017 | $19,781 | $5,243 | $14,538 |
| 2022 | $3,904 | $46,260 | $11,640 | $34,620 |
| 2021 | $3,944 | $37,920 | $11,640 | $26,280 |
| 2020 | $3,743 | $36,240 | $11,640 | $24,600 |
| 2019 | $3,490 | $34,140 | $11,640 | $22,500 |
| 2018 | $3,360 | $16,484 | $5,294 | $11,190 |
| 2017 | $3,322 | $16,296 | $6,103 | $10,193 |
| 2016 | $3,122 | $15,619 | $7,710 | $7,909 |
| 2015 | $1,854 | $14,736 | $5,617 | $9,119 |
| 2014 | $1,854 | $13,903 | $4,504 | $9,399 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/24/2026 03/24/26 | For Sale | $1,999,999 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $560,000 | -- | |
| Deed | $560,000 | -- | |
| Deed | $489,000 | -- | |
| Deed | $489,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Bargain Sale Deed | $249,500 | First American Title Ins Co | |
| Bargain Sale Deed | $249,500 | First American Title Ins Co | |
| Deed | $28,000 | -- | |
| Deed | $28,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $551,348 | Purchase Money Mortgage | |
| Previous Owner | $261,870 | Purchase Money Mortgage | |
| Previous Owner | $243,457 | FHA | |
| Closed | $0 | No Value Available | |
| Closed | $97,800 | No Value Available |
Source: OneKey® MLS
MLS Number: 975695
APN: 02807-0096
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Based on information submitted to the MLS GRID
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