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Highlights

  • Unleash innovation near the heart of New York City at 1942 Grand Concourse, a clear canvas for a build-to-suit charter school in School District 9.
  • Envision an iconic structure synchronizing New York City's bold skyline with the potential for 10 stories, providing a landmark for years to come.
  • School District 9 development promises a compelling educational climate amid vibrant Bronx neighborhoods and iconic landmarks.
  • R8X zoning on a 0.26-acre lot provides for up to 75,000 square feet of space for a new state-of-the-art educational institution.
  • Secure a long-term lease option, allowing schools to establish a leasehold condo, offering significant real estate tax benefits.
  • Accommodate the demand for quality education in New York City with 1.4 million residents in Bronx County, shaping the future at 1942 Grand Concourse.

All Available Spaces(2)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 3,000-4,000 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Full Build-Out
  • TBD

Contractor Storage, Staging & Parking Opportunity Approximately 11,326 SF of vacant land available for interim outdoor use. Suitable for contractor equipment storage, material laydown, construction staging, fleet parking, temporary project offices, and other project-support operations. The property's central Bronx location along the Grand Concourse provides convenient access to active construction projects throughout the Bronx and Upper Manhattan, making it an attractive option for contractors, developers, utility companies, and infrastructure-related users seeking flexible outdoor space. Ownership will consider qualified short- and medium-term occupancies.

  • Fully Built-Out as Standard Office
  • Space is in Excellent Condition
  • Mostly Open Floor Plan Layout
  • Central Air and Heating
  • 10th Floor, Ste Development Site
  • 60,000-70,000 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Full Build-Out
  • February 01, 2027

Build-to-suit development site. Rare build-to-suit development opportunity on the Grand Concourse in the Bronx. Situated on approximately 11,326 SF (0.26 acres), this development site offers the potential for up to 75,000 SF of new construction under R8X zoning. Ideal for educational, medical, community facility, institutional, nonprofit, and other qualified end users seeking a custom-designed facility in a highly visible urban location. The site's prominent positioning, strong transit access, and proximity to major Bronx landmarks create a unique opportunity to establish a long-term presence in one of New York City's most dynamic corridors.

  • Fully Built-Out as Standard Office
  • Space is in Excellent Condition
  • Build-to-suit
  • Elevator access
  • Mostly Open Floor Plan Layout
  • Central Air and Heating
  • GBA can be divided across multiple floors
  • Located within NYC School District 9
Space Size Term Rental Rate Space Use Build-Out Available
1st Floor 3,000-4,000 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office Full Build-Out TBD
10th Floor, Ste Development Site 60,000-70,000 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office Full Build-Out February 01, 2027

1st Floor

Size
3,000-4,000 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Build-Out
Full Build-Out
Available
TBD

10th Floor, Ste Development Site

Size
60,000-70,000 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Build-Out
Full Build-Out
Available
February 01, 2027

1st Floor

Size 3,000-4,000 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Build-Out Full Build-Out
Available TBD

Contractor Storage, Staging & Parking Opportunity Approximately 11,326 SF of vacant land available for interim outdoor use. Suitable for contractor equipment storage, material laydown, construction staging, fleet parking, temporary project offices, and other project-support operations. The property's central Bronx location along the Grand Concourse provides convenient access to active construction projects throughout the Bronx and Upper Manhattan, making it an attractive option for contractors, developers, utility companies, and infrastructure-related users seeking flexible outdoor space. Ownership will consider qualified short- and medium-term occupancies.

  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Space is in Excellent Condition
  • Central Air and Heating

10th Floor, Ste Development Site

Size 60,000-70,000 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Build-Out Full Build-Out
Available February 01, 2027

Build-to-suit development site. Rare build-to-suit development opportunity on the Grand Concourse in the Bronx. Situated on approximately 11,326 SF (0.26 acres), this development site offers the potential for up to 75,000 SF of new construction under R8X zoning. Ideal for educational, medical, community facility, institutional, nonprofit, and other qualified end users seeking a custom-designed facility in a highly visible urban location. The site's prominent positioning, strong transit access, and proximity to major Bronx landmarks create a unique opportunity to establish a long-term presence in one of New York City's most dynamic corridors.

  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Space is in Excellent Condition
  • Central Air and Heating
  • Build-to-suit
  • GBA can be divided across multiple floors
  • Elevator access
  • Located within NYC School District 9

About the Property

Position your business, institution, or development project on one of the Bronx's most recognizable corridors at 1940 Grand Concourse This site presents a rare build-to-suit opportunity on a 0.26-acre site in the heart of the Bronx. Zoned R8X with the potential for up to approximately 75,000 square feet of new development, the property offers exceptional flexibility for educational, medical, community facility, institutional, and other permitted users seeking a custom-built presence along the iconic Grand Concourse. The site can accommodate a multi-story facility of up to 10 stories, creating a highly visible destination in a rapidly evolving urban corridor. Beyond long-term development opportunities, ownership is also exploring interim land uses for qualified occupants and end users. The site may be well suited for construction-related operations, including equipment staging, material laydown, contractor parking, fleet storage, and temporary project support during active developments throughout the Bronx and Upper Manhattan. The property's central location provides convenient access to major transportation routes, job sites, and surrounding neighborhoods. Based on internal feedback, construction companies and other end users are actively seeking temporary storage, equipment staging, material laydown areas, and parking during ongoing projects. Located near Yankee Stadium, the Bronx Museum of the Arts, and multiple subway and bus lines, the property benefits from strong visibility, excellent transit accessibility, and steady pedestrian activity. Organizations can establish a long-term foothold in one of New York City's most dynamic growth corridors while tailoring the site to their specific operational and development requirements.

Property Facts

Total Space Available 74,000 SF
Min. Divisible 3,000 SF
Property Type Specialty
Property Subtype School
Building Size 74,000 SF
Year Built 2027
Construction Status Proposed

Features and Amenities

  • Bus Line
  • Metro/Subway
  • Signage
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
70/100
  • Listing ID: 17793857

  • Date on Market: 7/2/2026

  • Last Updated:

  • Address: 1940 Grand Concourse, Bronx, NY 10457

Contact the Leasing Agent

1942 Grand Concourse | 1940 Grand Concourse

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