New York, NY 10451

Property

Ownership: For Sale
Type: Unknown
Pets: Unknown

Financials

Price:$2,995,000
Annual Taxes:$50,544
505 Park Ave, New York, NY 10022
Listing Courtesy of NY Space Finders Inc

2520 Park Avenue presents a rare opportunity to acquire a strategically located Bronx property offering exceptional flexibility for both owner users and developers.

Description

2520 Park Avenue presents a rare opportunity to acquire a strategically located Bronx property offering exceptional flexibility for both owner-users and developers. The site benefits from split zoning, allowing for multiple execution paths including continued industrial or commercial use, future repositioning, or residential and mixed-use redevelopment, subject to approvals. Located in the South Bronx / Mott Haven submarket, the property benefits from strong connectivity to Manhattan, the Major Deegan Expressway, Bruckner Boulevard, and surrounding Bronx neighborhoods. The area has experienced sustained investment momentum, with nearby rezonings, infrastructure improvements, and significant residential and mixed-use development activity supporting long-term value growth. For an end user, the property offers a foothold in a supply-constrained location with flexible use allowances. For a developer, it represents a compelling covered-land play with zoning that supports residential density while retaining industrial allowances where required. Comparable land sales in the immediate area underscore the strength of pricing and demand for sites with similar zoning characteristics. - Split zoning (M1-4 / R7X) offering flexibility for industrial, commercial, residential, or mixed-use strategies. - Attractive development upside with residential zoning allowing up to 5.0 FAR and manufacturing zoning up to 2.0 FAR. - Ideal for owner-users seeking long-term control in a supply-constrained Bronx location with future repositioning potential. - Strong South Bronx / Mott Haven location with proximity to Manhattan, Major Deegan Expressway, and Bruckner Boulevard. - Surrounded by active investment and redevelopment, supported by recent comparable land sales and neighborhood momentum. Featured Commercial Sales.

Amenities

  • Cable - Available
  • Electricity Connected
  • Natural Gas Connected
  • Phone Available

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.