Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1459 Dr Martin L King Jr Blvd Bronx, NY 10452

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $9,000,000

    Land available for development with potential for significant square footage.

    Lot size:
    0.65 Acres

    Property Features for 1459 Dr Martin L King Jr Blvd

    General Information

    Lot size
    0.65 Acres

    Source: RIPCO Real Estate - Brooklyn Agent Mitchel Flaherty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Development Opportunity in Bronx, NY

    This property presents a development opportunity within the City of Yes Housing initiative. The site has the potential to accommodate a building of up to 842,091 square feet. The location benefits from increased floor area, building height and bulk allowances, and reduced parking requirements.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.924484
    Latitude
    40.843977

    Nearby Similar for Sale

    • New
      $1,350,000
      Pending

      Bronx Colonial Multifamily Investment Property

      Legal 4-family home in Woodlawn, close to Manhattan.
      65 E 233Rd St, Bronx, NY 10470
      View Details
    • New
      $875,000
      0.06 Acres

      Bronx SRO Investment Opportunity

      13-unit SRO with owner's duplex in Van Nest.
      376 Bronx Park Ave, Bronx, NY 10460
      View Details
    • $1,399,000
      2,912 SF

      Renovated Multi-Family Home, Pelham Bay

      Renovated multi-family home near the #6 train and Pelham Bay Park.
      1711 Mahan Ave, Bronx, NY 10461
      View Details
    • $1,999,900
      0.11 Acres

      Renovated Two-Family Home in Bronx

      Modern, renovated two-family home in Riverdale with great ROI potential.
      6140 Delafield Ave, Bronx, NY 10471
      View Details
    • $875,000
      Pending

      Bronx Two-Family Home For Sale

      Well-maintained two-family home in Throggs Neck, Bronx.
      280 Throggs Neck Blvd, Bronx, NY 10465
      View Details
    • New
      $775,000
      Pending

      Refreshed Bronx Two-Family Home

      Two-family home in Williamsbridge area, move-in ready, income potential.
      3650 Olinville Ave, Bronx, NY 10467
      View Details

    FAQs

    What type of property is this?
    Land - Land available for development with potential for significant square footage.
    Where is this land located?
    The property is located at 1459 Dr Martin L King Jr Blvd Bronx, NY.
    What is the asking price?
    The asking price for this property is $9,000,000.
    What are key features of this property?
    This property features: - Potential to build up to 842,091 SF; - City of Yes Housing Opportunity; - Increased floor area allowance
    (718) 233-6565
    Request Owner's contact information
    1459 Dr Martin L King Jr Blvd Bronx, NY 10452
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1459 Dr Martin L King Jr Blvd
    Bronx, NY 10452
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1459 Dr Martin L King Jr Blvd Bronx, NY 10452
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.