2520 Park Avenue, New York, NY 10451

Located in the South Bronx / Mott Haven submarket, 2520 Park Avenue offers a strategically located property with flexibility for both 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. The property benefits from strong 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. For an end user, the property offers a foothold in a supply-constrained location with flexible use allowances. For a developer, it represents a compelling covered-land play with zoning that supports residential density while retaining industrial allowances where required. Comparable land sales in the immediate area underscore the strength of pricing and demand for sites with similar zoning characteristics. 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 up to 2.0 FAR. It is ideal for owner-users seeking long-term control in a supply-constrained Bronx location with future repositioning potential. The property is surrounded by active investment and redevelopment, supported by recent comparable land sales and neighborhood momentum.