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Corner Commercial Development Site
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4551 Third Avenue The, Bronx, NY 10458

C4-4D-zoned site with existing retail space and mixed-use development potential near Saint Barnabas Hospital.

Property SizeContact for details
Days on Market144

Property Features for 4551 Third Avenue The

General Information

Standard status Active
Property subtype Retail, Land
Listing Agency: Ariel Property Advisors
Listed By: Jason Gold · License #NY 10301214771
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 10:46AM

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 Ariel Property Advisors

Investment Insights

Based on property information with market context.

This commercial land parcel includes a 2,680-square-foot, one-story building configured with three retail units, including two vacant spaces. The corner property carries C4-4D zoning and offers development rights for mixed-use construction. The site measures 40 feet by 137 feet and provides approximately 39,478 total buildable square feet, with close to 175 feet of wraparound retail frontage.

Community-facility development allows 35,639 square feet for medical office, life science, research, or other healthcare-oriented nonprofit uses. Commercial zoning provisions also support office and retail development. The property sits across from Saint Barnabas Hospital in the Belmont section of the Bronx, near Arthur Avenue and Fordham University. Metro-North access is available at East Fordham Road and Webster Avenue.

Key Highlights

  • C4‑4D zoning with 39,478 total buildable square feet
  • 40' x 137' lot with close to 175 feet of wraparound retail frontage
  • 2,680 square foot 1‑story building with three retail units

Property Analytics

Current Use

Amazon Locker - Malaphor Postal Service PAYOMATIC Check Cashing Western Union Bank Payomatic0230 Electronics Vending Machine frank's electric bikes ... (Bike/Boat/Book/etc) Store

Suggested Use

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

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

6,700
Businesses Nearby

Demographics for 10458, NY

81,299
Population
30,592
Households
2.7
Avg Household Size
32
Median Age
16%
College-Educated
68%
High-School Grad
1.2 sq mi
ZIP Area
67,749
Density / Sq Mi
$42,107
Median Household Income
$29,596
Median Earnings
$1,548
Median Rent
$515,700
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - C4-4D-zoned site with existing retail space and mixed-use development potential near Saint Barnabas Hospital.
Where is this commercial land located?
The property is located at 4551 Third Avenue The Bronx, NY.
What are key features of this property?
This property features: C4‑4D zoning with 39,478 total buildable square feet; 40' x 137' lot with close to 175 feet of wraparound retail frontage; 2,680 square foot 1‑story building with three retail units
(212) 544-9500 Call to check price and availability
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