Bronx Land & Development Sites Sold
First, you will see land and development sites sold by Bronx CRE. Below that, we show other land/development transactions happening across the Bronx.
Land and development sites sold by Bronx CRE
These are land and development deals sold by our team.
Other land/development transactions in the Bronx
These are other recently recorded land and development sales in the Bronx.
- 651 JEFFERSON PLACE
Bronx NY 10456
- Price
- $370,000
- Date
- March 19, 2026
- Units
- 0
- Building SF
- 0
- Lot SF
- 1,600
- 272 EAST 151 STREET
Bronx NY 10451
- Price
- $13,000,000
- Date
- March 17, 2026
- Units
- 0
- Building SF
- 0
- Lot SF
- 40,795
- KINGSLAND AVENUE
Bronx NY 10469
- Price
- $135,000
- Date
- March 16, 2026
- Units
- 0
- Building SF
- 0
- Lot SF
- 2,009
| Address | Location | Units | Building SF | Lot SF | Price | Date |
|---|---|---|---|---|---|---|
| 651 JEFFERSON PLACE | Bronx NY 10456 | 0 | 0 | 1,600 | $370,000 | March 19, 2026 |
| 272 EAST 151 STREET | Bronx NY 10451 | 0 | 0 | 40,795 | $13,000,000 | March 17, 2026 |
| KINGSLAND AVENUE | Bronx NY 10469 | 0 | 0 | 2,009 | $135,000 | March 16, 2026 |
How to use land comps in the Bronx
Land comp analysis should begin with zoning envelope and buildable potential, then validate pricing with site scale and comparable development positioning. For timing decisions, 3-5 relevant comps can establish a range; for acquisition underwriting and lender review, expand to 6-10 and document land-versus-building value assumptions.
Submarket notes
Bronx land value is highly sensitive to block-level zoning context, lot characteristics, and redevelopment path. Two nearby sites can produce very different outcomes if entitlement flexibility or assemblage potential differs.
Typical deal-range workflow
Use a tiered framework: 3-5 comps for directional strategy, 6-10 for underwriting, and 10+ for institutional confidence. When recent trades are thin, extend lookback up to around two years (or further when needed) with explicit market adjustment logic.
Land comp FAQs
How many land comps should we use before final pricing decisions?
Use 3-5 comps for a quick strategic range and 6-10 for underwriting-grade decisions. Use more when zoning scenarios or assemblage assumptions materially change outcomes.
How recent should Bronx land comps be?
Use the most recent sales available, typically within about two years where possible. In thinner trade environments, older comps can be used with explicit adjustment for market movement.
How should zoning differences be handled in land comps?
Zoning should be treated as a primary adjustment, not a footnote. Buildable envelope, use permissions, and entitlement complexity can dominate pricing differences.
When should land $/SF outweigh building $/SF in a comp review?
When redevelopment potential drives buyer behavior, land economics typically carry more weight. Existing building value still matters, but the highest-and-best-use thesis often leads valuation.
Need a complete land/development comp package with parcel detail, zoning reads, and buyer guidance? Contact [email protected].