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Development Site with Substantial Frontage
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Pending

344 Grand Concourse, Mott Haven, NY 10451

Approximately 51 feet of frontage on Grand Concourse with a commercial building to be delivered vacant at closing.

Lot Size0.12 Acres
Days on Market114

Property Features for 344 Grand Concourse

General Information

Standard status Pending
Lot size 0.12 Acres
Property subtype Land, Retail
Zoning C6-2A
Listing Agency: Concourse Realty Partners
Listed By: David Simone · License #NY 30SI0939122
Source: Crexi
Added: Apr 10 Changed: Jul 21 Last Checked: Jul 31 at 10:35AM

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 Concourse Realty Partners

Investment Insights

Based on property information with market context.

This development site at 344 Grand Concourse is approximately 5,050 square feet and offers approximately 51 feet of frontage along Grand Concourse. The property is currently improved by a commercial building that will be delivered vacant at the time of closing.

The site is positioned one block north of the 4 and 5 subway at East 138th Street and two blocks south of the 2, 4, and 5 subway at East 149th Street. The remarks also note an approximately 18-minute commute to Grand Central Station in Midtown Manhattan.

Zoning is designated C6-2A, providing a residential as-of-right FAR of 5.40 for approximately 27,270 square feet of residential space. The commercial FAR of 6.0 supports approximately 32,903 square feet of space, and the total buildable square footage is described as approximately 36,360 square feet of residential space under the Inclusionary Housing Bonus (IHB).

Key Highlights

  • Development site at 344 Grand Concourse with approximately 51’ of frontage on Grand Concourse
  • Approximately 5,050 SF site improved with a commercial building delivered vacant at closing
  • C6‑2A zoning: residential as‑of‑right FAR of 5.40 for approximately 27,270 SF residential space

Property Analytics

Current Use

Teddy's Place Auto ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Computer & Electronic Repair Acupuncture Carpet & Flooring Store Nursing Home

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

5,647
Businesses Nearby
278k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 45% Shops & Services 37% Groceries 14% Hotels & Casinos 3%
McDonald's Dining
31,600 visits/mo 0.3 miles
BP Shops & Services
27,682 visits/mo 0.3 miles
BP Shops & Services
25,252 visits/mo 0.2 miles
Western Beef Groceries
24,466 visits/mo 0.2 miles
Popeyes Louisiana Kitchen Dining
19,716 visits/mo 0.2 miles

Demographics for 10451, NY

51,536
Population
21,850
Households
2.4
Avg Household Size
36
Median Age
21%
College-Educated
74%
High-School Grad
1.1 sq mi
ZIP Area
46,851
Density / Sq Mi
$37,111
Median Household Income
$35,765
Median Earnings
$1,269
Median Rent
$263,500
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Approximately 51 feet of frontage on Grand Concourse with a commercial building to be delivered vacant at closing.
Where is this commercial land located?
The property is located at 344 Grand Concourse Mott Haven, NY.
What are key features of this property?
This property features: Development site at 344 Grand Concourse with approximately 51’ of frontage on Grand Concourse; Approximately 5,050 SF site improved with a commercial building delivered vacant at closing; C6‑2A zoning: residential as‑of‑right FAR of 5.40 for approximately 27,270 SF residential space
(212) 207-2403 Call to check price and availability
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