416 BRONX PARK AVENUE
Land | 4,708 SqFt
Marketing description
The property is an L shape vacant lot with 58’ of frontage on East Tremont Avenue and 25’ of frontage on Bronx Park Avenue. This is a perfect double exposure for any business. East Tremont Avenue is a main commercial corridor in the Bronx with lots of foot traffic from the neighborhood.
Investment highlights
A developer can build a one or two story commercial building, which can have a store or restaurant on the first floor and offices above. The developer would have to apply to get a variance to build residential and mixed-use. They would also have to speak to an architect to build a commercial building with live/work space.
The property is also great for a user, the site can be a medical office, a beauty salon or a 24/7 laundry mate. The space would also be great as an adult day care center.
The site has easy access to Manhattan and Brooklyn, the 2 & 5 trains are two blocks away on East 180th Street. This is a high traffic area.
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