For Sale | Development/Conversion Sites Available

1824-1828 Anthony Avenue, Bronx, NY 10457

1824 ANTHONY Avenue, BRONX, New York, 10457
BRONX, NY 10457
United States
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Building Size:
Sale Price:
4,750,000.00 USD

Cushman and Wakefield has been retained on an exclusive basis to arrange for the sale of the 1824 – 1828 Anthony Avenue. This 75’ x 228’ development opportunity is located in the Mount Hope neighborhood of the Bronx and offers approximately 54,986 buildable square feet.
The site currently consists of three separate tax lots each with existing structures. The current properties combine to offer six units, all of which are currently rented and are grossing approximately $132,000 annually. All current tenants are under month-to-month leases and the properties can be delivered vacant.
The property also falls within one of the new federally approved opportunity zones, providing future ownership with the rare opportunity to acquire a development site that allows for significant tax benefits.
The site is less than a 10-minute walk to both the 174-175th Street and Tremont Avenue B & D stations and offers commuters access to midtown Manhattan in under 45-minutes. The site also benefits from the numerous bus routes that canvass the area.