122 - 126 Bruckner Boulevard_Property for Sale
122 - 126 Bruckner Boulevard_Property for Sale
122 Bruckner Boulevard, Bronx, NY, 10454, US

122 - 126 Bruckner Boulevard

Asset description

JLL has been exclusively retained to arrange for the fee simple sale or long-term ground lease of 122 – 126 Bruckner Boulevard (the Property) a privately owned development site assemblage comprised of four tax lots that total 42,450 square feet of land in the Mott Haven neighborhood of the South Bronx.

 

The four subject tax lots are bounded by Bruckner Boulevard to the north, Brook Avenue to the west, and East 132nd Street to the south. The assemblage offers 326,288 – buildable square-feet (City of Yes BSF) of mixed-use development, and over 200’ of prime retail / commercial frontage along the heavily trafficked Bruckner Boulevard. Two of the four lots are improved by small, vacant warehouses (lots 34 & 38). Lot 4 is an operating Mobil Gas Station, whose lease expires in 2028, & Lot 1 is fully vacant.

 

Ownership will consider a subdivision of the full offering, making the site sellable in pieces.

 

The property is located south of the Major Deegan Expressway & just two block east of the Willis Avenue Bridge offering easy connection to upper Manhattan and metro-NYC. Public transportation is provided by the Brook Avenue MTA 6 Train & the 135th Street Bx17 Bus stop. M3 zoning to the south ensures future unobstructed water and Manhattan skyline views.

 

122 – 126 Bruckner Boulevard is a rare opportunity to acquire a prime development site with scale in a booming south Bronx submarket. Please call for more information on this exciting opportunity.  

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Attributes

Land area gross
3,952 sm
Zoning
R8A, M1-5/ MX-1
Parcel
4 Tax Lots

Media

Investment highlights

  • Lot Size - 42,540 SF
  • Current Zoning - R8A, M1-5 / MX-1
  • City of Yes / Base Resi FAR - 7.20 / 6.02
  • City of Yes BSF / Base Resi BSF - 326,288 BSF / 255,248 BSF
  • 4 Tax Lots - (Sub-dividable)
  • Significant pre-development investment
  • Steady residential rent growth in Mott Haven Net Effective rents
122 - 126 Bruckner Boulevard 4_Property for Sale
122 - 126 Bruckner Boulevard 4_Property for Sale

Contact brokers

122 - 126 Bruckner Boulevard (0 Properties)

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Last updated
Nov 13, 2024