$999,999

Estimated payment $5,564/month

Total Views 173
-- Bed
-- Bath
1,437 Sq Ft
$696 Price per Sq Ft

Highlights

  • Baseboard Heating
  • 4-minute walk to Freeman Street
  • 4-minute walk to Rev J Polite Playground

About This Home

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.

Listing Agent

Joseph Armato

Global Realty Development LLC License #10491207909 Listed on: 06/29/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,954

Year Built

  • Built in 1901

Lot Details

  • 3,000 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Frame Construction

Schools

  • Contact Agent Elementary School
  • Contact Agent High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 02970-0070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,954

Year Built

Built in 1901

Lot Details

3,000 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Year Built: 1901
  • Carport Y N: No
  • CurrentPrice: 999999.00
  • MlsMajorChangeType: New Listing
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 14513773.5849
  • CurrentPrice_By_BuildingAreaTotal: 695.89353
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Other
  • Basement: None
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Frame
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: None
  • Heating: Baseboard, Other
  • Sewer: Other
  • Utilities: Cable Available, Electricity Connected
  • Water Source: Other

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0689
  • Lot Size Sq Ft: 3000
  • Parcel Number: 02970-0070
  • Property Attached: Yes

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 1954.3
  • Tax Year: 2025

MLS Schools

  • Elementary School: Contact Agent
  • High School: Contact Agent
  • Middle School District: Contact Agent

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,339 $12,341 $3,903 $8,438
2025 $2,206 $11,644 $4,024 $7,620
2024 $2,206 $10,985 $3,439 $7,546
2023 $2,231 $10,985 $3,821 $7,164
2022 $2,176 $36,480 $12,960 $23,520
2021 $2,164 $32,220 $12,960 $19,260
2020 $2,054 $30,600 $12,960 $17,640
2019 $1,915 $31,560 $12,960 $18,600
2018 $1,866 $9,154 $4,577 $4,577
2017 $1,851 $9,082 $4,808 $4,274
2016 $1,713 $8,570 $5,428 $3,142
2015 $344 $8,086 $4,620 $3,466
2014 $344 $7,629 $3,711 $3,918
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/29/2026 06/29/26 For Sale $999,999 -- $696 / Sq Ft
Source: OneKey® MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $524,401 --
Deed $264,000 --
Deed $325,000 --
Deed $145,000 --
Foreclosure Deed $500 --
Foreclosure Deed $500 --
Deed $325,000 --
Interfamily Deed Transfer -- Fidelity National Title Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed $542,500 Unknown
Closed $275,600 New Conventional
Closed $316,761 Commercial
Closed $308,750 No Value Available
Closed $184,000 Stand Alone First
Source: Public Records

Source: OneKey® MLS

MLS Number: 1019888

OneKey® MLS

APN: 02970-0070

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