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358 Concord AveBronx, NY 10454
358 Concord Avenue
Asset ClassLand, Industrial
~262,212 BSF Community Facility Development Opportunity
overview of deal

Overview

Avison Young, as exclusive agent, is pleased to present an opportunity to acquire 358 Concord Avenue and its accompanying air-rights (the “Property”). The Property is a corner industrial site with significant air rights poised for development. The Site is currently improved by a 20,300 SF single-story warehouse building.

 

The proximity to new commercial developments, Industrial Hubs, residential density and transportation provides avenues for Commercial Development, Non-Profit Development, or Residential development through a ULURP process.

 

The Property offers excellent accessibility, located just one block from the East 143rd Street Subway Station (6 train). It is also a short drive from the Major Deegan Expressway, with convenient connections to the Bruckner Expressway, RFK/Triborough Bridge, and Harlem River Drive.

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Investment Highlights

  • Significant Residential Development Shapes the South Bronx
  • Significant Air Rights & Development Potential – 262,212 BSF As-Of-Right
  • Dynamic Area Surrounded by Major Institutions – Bronx Detention Center
  • Multiple Development Uses – Commercial, Community Facility, Residential Potential
  • Pro-Development Incentives – ICAP, ULURP, Build NY
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deal gallery image
358 Concord AveBronx, NY 10454

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Listing provided by Revere CRE