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    985 Bronx River Ave The Bronx, NY 10473

    Sponsored
    For Lease
    Contact for pricing

    10,515 SF Corner Lot - M1-1 Zoning

    Lot size:
    10,515 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 10,515 square foot commercial land parcel presents a unique investment opportunity in the Bronx, New York. Located at 985 Bronx River Avenue, this single-tenant vacant lot boasts high visibility and significant frontage. The property features 130 feet of frontage, providing excellent exposure for any development. The zoning designation is M1-1, offering a range of potential uses. The lot's size and location make it ideal for a variety of commercial ventures. With its convenient access to major transportation routes and a thriving local economy, this property is poised for significant growth and return. The address is 985 Bronx River Avenue, The Bronx, NY 10473, and the Assessor's Parcel Number (APN) is 3646-47. This is a rare opportunity to acquire a substantial land parcel in a desirable location with excellent development potential. The property is completely vacant, offering immediate development possibilities. Serious inquiries are encouraged. This is a single-tenant property, providing a straightforward ownership structure. The significant frontage on Bruckner Boulevard further enhances its visibility and accessibility.

    Property Features for 985 Bronx River Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,515 SF

    Unit(s) available at that property

    Space
    Size
    10,515 SF

    HighLights

    • 10,515 SF land parcel.
    • 130' x 89' lot, fully fenced and paved.
    • High traffic count: 30,000 vehicles daily on Bruckner Blvd.
    • Minutes from Manhattan and Westchester County; walking distance to subway.
    • Ideal for retail, fast food, heavy equipment/scaffolding storage, industrial supplies, battery/EV charging, vehicle parking, or rental car facility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    The Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.882627601928
    Latitude
    40.822671912239

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    FAQs

    What type of property is this?
    Land - 10,515 SF Corner Lot - M1-1 Zoning
    Where is this land located?
    The property is located at 985 Bronx River Ave The Bronx, NY.
    What are key features of this property?
    This property features: 10,515 SF land parcel.; 130' x 89' lot, fully fenced and paved.; High traffic count: 30,000 vehicles daily on Bruckner Blvd.
    Request Owner's contact information
    985 Bronx River Ave The Bronx, NY 10473
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    The Bronx, NY 10473
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    985 Bronx River Ave The Bronx, NY 10473
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