Located in the desirable Laconia neighborhood of the Bronx, this freestanding two-story frame home sits on an R5-zoned lot with incredible development potential. Built in 1901 and measuring approx. 1,974 sq ft, makes this an ideal blank slate for builders or investors looking to maximize the site’s unused FAR. Key Development Features: Zoned R5 – allows for multi-family or townhome development Residential FAR of 1.25 – with a max usable floor area of 2,422 sq ft Current structure is 1,977 sq ft with 1,267 sq ft of residential space Detached building with 20 ft x 28 ft footprint Lot dimensions: 32.2 ft x 60.37 ft This property is perfect for a ground-up development, renovation, or long-term investment. Whether you're looking to build a boutique multi-unit or a custom two-family, the location and zoning give you flexibility to create real value.