For Sale
$10,450,000

2218 Jerome Ave The Bronx, NY 10453

29,600 SF lot, huge potential.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 29,600 square foot commercial land parcel at 2218 Jerome Avenue in the Bronx, New York (zip code 10453), presents a unique investment opportunity. The property is zoned R7A/C2-4/J, offering significant flexibility for development. Currently vacant, the site allows for immediate project commencement. The existing structure, a fully renovated two-story building, could be repurposed or demolished to maximize the buildable area. A significant advantage is the availability of an additional 30,000 square feet of buildable air rights, increasing the total buildable square footage to an impressive 59,600 square feet. This substantial increase in potential development significantly enhances the property's value and potential return on investment. Located in Bronx County, New York, this site benefits from its strategic location within a dynamic and growing area. The asking price for this remarkable development opportunity is $10,450,000. This property is ideal for developers seeking a large-scale project with considerable upside potential in a thriving New York City borough. The zoning allows for a wide range of commercial and residential uses, making it an attractive proposition for various development scenarios. Don't miss this chance to acquire a prime piece of Bronx real estate.

Highlights

  • 29,600 SF commercial land parcel at 2218 Jerome Avenue, Bronx, NY 10453.
  • R7A/C2-4/J zoning allows for flexible development.
  • Currently vacant, ready for immediate development.
  • Existing two-story building can be repurposed or demolished.
  • 30,000 SF of available air rights, totaling 59,600 SF buildable area.
  • Asking price: $10,450,000.

Property Details for 2218 Jerome Ave

Property type
Land

Location Insight

City
The Bronx
County
Bronx
State
New York
Latitude
40.8569707
Longitude
-73.9043636

FAQs

What type of property is this?
Land - 29,600 SF lot, huge potential.
Where is the land located?
The property is located at 2218 Jerome Ave The Bronx, NY.
What is the asking price?
The asking price for this property is $10,450,000.
What are key features of this property?
This property features: 29,600 SF commercial land parcel at 2218 Jerome Avenue, Bronx, NY 10453.; R7A/C2-4/J zoning allows for flexible development.; Currently vacant, ready for immediate development.
How can I contact the broker?
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2218 Jerome Ave
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