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Property profile & analytics
OFF-MARKET
Land

4029 Park Ave The Bronx, NY 10457

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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