Bronx Property with Redevelopment
For Sale
$2,995,000
Pending
2520 Park Ave The, Bronx, NY 10451
Strategically located property in the South Bronx / Mott Haven.
Property Size8,750 SF
Days on Market110
Property Features for 2520 Park Ave The
General Information
Standard status
Pending
Size
8,750 SF
Property subtype
Industrial
Taxes and HOA fees
Annual Taxes
$50,544
Building Details
Building Size
8,750 SF
Year Built
1931
Listing Agency:
NY Space Finders Inc
(925) 285-3075
Listed By:
Faisal Gilani · License #10351202702
(925) 285-3075
Source:
Elliman
Added: Apr 24
Changed: Aug 8
Last Checked: Aug 10 at 8:23AM
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 NY Space Finders Inc
Investment Insights
Based on property information with market context.
Located at 2520 Park Avenue in the Bronx, this property offers flexibility for owner-users and developers. The site benefits from split zoning, allowing for multiple execution paths including continued industrial or commercial use, future repositioning, or residential and mixed-use redevelopment, subject to approvals. Situated in the South Bronx / Mott Haven submarket, the property benefits from connectivity to Manhattan, the Major Deegan Expressway, Bruckner Boulevard, and surrounding Bronx neighborhoods. The area has experienced sustained investment momentum, with nearby rezonings, infrastructure improvements, and significant residential and mixed-use development activity supporting long-term value growth. The location is ideal for owner-users seeking long-term control in a supply-constrained Bronx location with future repositioning potential. It represents a compelling covered-land play with zoning that supports residential density while retaining industrial allowances where required. The split zoning (M1-4 / R7X) offers flexibility for industrial, commercial, residential, or mixed-use strategies. Residential zoning allows up to 5.0 FAR, and manufacturing zoning allows up to 2.0 FAR. The location has a bike score of 83, a walk score of 93, and a transit score of 100.
Key Highlights
- Split zoning (M1‑4 / R7X) allows for flexible development: industrial, commercial, residential, or mixed‑use.
- High development upside with residential zoning allowing up to 5.0 FAR.
- Strong South Bronx / Mott Haven location with excellent connectivity to Manhattan and major transportation arteries.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,870
Businesses Nearby
Explore this area
Business Placement
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 Industrial in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Strategically located property in the South Bronx / Mott Haven.
Where is this commercial land located?
The property is located at 2520 Park Ave The Bronx, NY.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Split zoning (M1‑4 / R7X) allows for flexible development: industrial, commercial, residential, or mixed‑use.; High development upside with residential zoning allowing up to 5.0 FAR.; Strong South Bronx / Mott Haven location with excellent connectivity to Manhattan and major transportation arteries.
