Local realty services provided by:Better Homes and Gardens Real Estate Green Team
568-L W 261st Street,Bronx, NY 10471
$500,000
- 0.15 Acres
- Lots / Land
- Active
Listed by: gregory tsougranis, julia v. egorova
Office: keller williams realty nyc grp
MLS#:931728
Source:OneKey MLS
Price summary
- Price:$500,000
About this home
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.
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Home facts
- Listing ID #:931728
- Added:98 day(s) ago
- Updated:February 10, 2026 at 11:45 AM
Structure and exterior
- Lot area:0.15 Acres
Schools
- High school:Contact Agent
- Middle school:Call Listing Agent
- Elementary school:Contact Agent
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$500,000
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