4029 Park Ave The Bronx, NY 10457
This exceptional 30,000 square foot land parcel presents a unique investment opportunity in the thriving Morrisania neighborhood of the Bronx. Located between East 173rd Street and East 174th Street, this single-tenant property offers unparalleled convenience with its proximity to major transportation hubs. The B and D subway lines at the 174th-175th Street station are within easy reach, along with several bus routes including the Bx41, Bx15, Bx11, and Bx36, ensuring excellent accessibility for employees and customers. The site's strategic location is further enhanced by its proximity to a vibrant array of established businesses, including Dunkin', Wendy's, McDonald's, 7-Eleven, White Castle, Taco Bell/KFC, Golden Krust, Prime Automotive, and more. Nearby parks, Crotona Park and Claremont Park, offer additional amenities. This property is perfectly suited for fleet parking or car parking and storage, and the land is suitable for paving. The high traffic volume and established commercial presence in the immediate vicinity make this a highly desirable location for a variety of uses. This is a rare opportunity to acquire a substantial land parcel in a rapidly developing area with excellent transportation links and strong surrounding commercial activity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.