Listed by Ariel Property Advisors
$5,000,000
Fairfield Avenue Vacant Parcel
Details
Property Type Land
Sub Type Commercial
Lot Size (SqFt) 62,628
Zoning R7A
Development Site | 62K BSF | $80/BSF
Marketing description
For Sale
Investment highlights
- 62,628 Gross Floor Area (GFA) square foot development site in Riverdale, which includes air rights from neighboring lot (lot 24)
- Irregular lot measures 42.69 ft. by 148.31 ft. with R7A zoning, located on Fairfield Avenue just off the Henry Hudson Parkway, ensuring excellent accessibility
- Ideal for a 485-x tax abatement execution, allowing for the development of under 99 units, potentially avoiding prevailing wage requirements
- Enjoys immediate proximity to major parks, including Seton Park, Henry Hudson Park, and Bell Tower Park, enhancing quality of life for future residents
- Easy access to Riverdale’s charming local amenities, including highly-rated schools, diverse dining options, and boutique shops, all contributing to a vibrant community atmosphere
- Seamless connectivity with nearby public transit options, including multiple bus lines right on Henry Hudson Parkway providing direct routes to the 1 train, offering a quick commute to Manhattan and beyond
Listing Contacts
Listed by Ariel Property Advisors
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Zoning
R6A ResidentialMulti FamilyGeneral Residence
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View all 99 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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