Address: 358 Concord Ave, Bronx, NY 10454, USA
- 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
Property Description
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.