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Vacant Storage Building With Renovation Plans
For Sale
Contact for pricing
Pending

3876 Park Ave, Bronx, NY 10457

Vacant 17,000 SF storage building zoned M1-1, with expired plans to renovate into 47 hotel rooms.

Property Size17,000 SF
Days on Market113

Property Features for 3876 Park Ave

General Information

Standard status Pending
Size 17,000 SF
Property subtype Industrial
Zoning M1-1
Listing Agency: Marcus & Millichap - Manhattan
Listed By: Willie Jalboukh · License #NY 10301218139
Source: Crexi
Added: Apr 11 Changed: Jul 21 Last Checked: Jul 31 at 1:28PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Manhattan

Investment Insights

Based on property information with market context.

The offering is a vacant storage building totaling 17,000 SF. The property is zoned M1-1 and is being marketed with plans to renovate the building to create 47 hotel rooms. The provided renovation plans are expired and would need to be reinstated before any redevelopment could proceed.

The transaction is for sale. The property is located at 3876 Park Ave in the Bronx, New York 10457.

Key Highlights

  • 17,000 SF vacant storage building at 3876 Park Avenue, Bronx, zoned M1‑1
  • Plans are in place to renovate the building and create 47 hotel rooms
  • Expired renovation plans need to be reinstated

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Skin Care Clinic HVAC Service Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,286
Businesses Nearby

Demographics for 10457, NY

77,488
Population
27,795
Households
2.8
Avg Household Size
33
Median Age
15%
College-Educated
70%
High-School Grad
1.3 sq mi
ZIP Area
59,606
Density / Sq Mi
$44,911
Median Household Income
$30,564
Median Earnings
$1,400
Median Rent
$336,900
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Self storage facility - Vacant 17,000 SF storage building zoned M1-1, with expired plans to renovate into 47 hotel rooms.
Where is this self storage facility located?
The property is located at 3876 Park Ave Bronx, NY.
What are key features of this property?
This property features: 17,000 SF vacant storage building at 3876 Park Avenue, Bronx, zoned M1‑1; Plans are in place to renovate the building and create 47 hotel rooms; Expired renovation plans need to be reinstated
(212) 430-6154 Call to check price and availability
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