1777-1779 Monroe Avenue

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Address: 1777 Monroe Ave, Bronx, NY 10457, USA
New York & Tri-State
Created date: September 3, 2026
Date last updated: September 3, 2026

Property Description

Bid Deadline: Tuesday, November 10, 2026 by 5:00 PM
Auction Date: Thursday, November 12, 2026 at 2:30 PM
 
Sale subject to bankruptcy court approval.
Northgate Real Estate Group presents the bankruptcy sale of 1777 & 1779 Monroe Avenue, two contiguous multifamily buildings under construction in the Mount Hope section of the Bronx. The offering presents a rare opportunity to complete a stalled 36-unit residential development or pursue a teardown and redesign on an assembled lot in one of the Bronx’s most transit-connected neighborhoods.

Building Snapshot

  • Two contiguous multifamily buildings under construction, offered together as an assemblage.
  • 36 total planned residential units across 15,518 square feet of planned development.
  • Each building designed for four stories plus a penthouse. Combined 50′ x 95′ lot with 50′ of frontage along Monroe Avenue.
  • Flexibility to complete the existing construction or teardown and redesign.
  • R8 zoning in the Mount Hope neighborhood of the Bronx.
  • Short walk to the 174th-175th Street subway station (B & D trains), with additional nearby access to the 4 train and the Metro-North Tremont station.
  • Surrounded by established retail and dining, including Key Food, Dunkin’, Fine Fare Supermarket, Blink Fitness, and 7-Eleven.
  • Located amid significant nearby development activity, including a 213-unit mixed-use building at 521 E Tremont Avenue, the 119-unit Tremont Residences, and a new 40,000-square-foot charter school opening 2026-2027.
  • Approximately 40 minutes to Penn Station and Grand Central via public transit.

Key Property Information

Listing Status: Available
No. of Units: 36
Building Size: 15,518 Sq ft
Opportunity Zone: No
Address: 1777 Monroe Ave, Bronx, NY 10457, USA

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