Lee & Associates is pleased to present exclusively for long-term ground lease the

development site located at 2451–2461 Hughes Avenue, Bronx, NY 10458 (the

“Properties”). The offering presents a rare opportunity to secure an approximately

9,635 square foot assemblage in Belmont, one of the Bronx's most densely populated

and well-established residential neighborhoods.

The Properties permit the development of approximately 62,300 buildable square feet

of community facility space, making the site exceptionally well suited for educational

institutions, charter schools, and early childhood education centers. Situated within a

vibrant residential community with excellent access to public transportation and

major thoroughfares, the site offers an ideal location to serve the surrounding

population's growing educational and community service needs.

Long-term ground lease opportunities of this scale and zoning capacity are

increasingly scarce throughout New York City, providing educational operators and

institutional organizations with the ability to establish a permanent presence in one of

the Bronx's most established neighborhoods while preserving capital through a

ground lease structure.