878 Brk Ave Bronx, NY 10451

This unique 121,000 square foot, nine-story former Bronx Borough Courthouse, located at 878 Brook Avenue in the Melrose neighborhood, presents a compelling redevelopment opportunity. Built in 1904, this vacant building boasts stunning Beaux-Arts architecture, featuring exquisite stonework, expansive windows, and intricate detailing. Situated on a full city block at the intersection of 3rd Avenue, near the Jackson Avenue subway station (2 & 5 trains), its convenient location offers excellent transit access via the BX13, BX6, BX15, and BX21 bus lines. The property benefits from its designation as an Opportunity Zone and C4-4 zoning, unlocking significant potential for adaptive reuse. Internal features include a grand lobby, two elevators, and two staircases. Furthermore, the building has brand-new rough-ins for high-end plumbing, mechanical, and electrical systems, simplifying future renovations. The surrounding area is vibrant, with nearby tenants including NYC Charter High School for Architecture, BOOM! Health Wellness Center, and several other businesses and institutions. This property is in School District 7 and offers substantial upside potential for investors seeking a landmark project. The availability of Federal and State tax credits for the purchaser adds further incentive. This is a rare chance to acquire a piece of Bronx history and transform it into a thriving modern asset.