1860-1872 E Tremont Ave Portfolio sale 2 biens | Local commercial | À vendre | 15 963 095 € | Bronx, NY

Concourse Realty has been hired on an exclusive basis to arrange for the sale 1860 - 1872 East Tremont Avenue in the Park Versailles - Bronx River neighborhood of the Bronx. The subject property consists of two tax lots, and is a 200 ft x 115 ft development site zoned R8X, C2-4 with two existings commercial buildings on the south west corner of East Tremont and White Plains Road and Leland Avenue. The zoning allows for up to 127,828 buildable square foot (residential), 152,884 buildable square feet with affordable or senior housing and 127,404 buildable square feet with community facility, and up to 48,480 buildable square feet with commercial.
This is a rare opportunity to build a mixed-use building of over 150,000 square feet in an area that has seen retail rents range between $60 - $80 per square foot. The two sites have a combined footprint of 21,234 square feet.
The upcoming Parkchester Metro-North Station, currently under construction and set to open in 2027 just steps away, will provide access to Midtown Manhattan in 21 minutes, Westchester County and southwest Connecticut to the north. This location across from the Metro-North Station will be a bustling and vibrant commercial corridor