1990 Webster Ave 9,150 SF Industrial Building Bronx, NY 10457 $3,500,000 ($382.51/SF)

Seize this rare chance to create a dream development project with this versatile site in the Bronx’s vibrant Tremont neighborhood at 1990 Webster Avenue. Spanning a total of 0.18 acres with General Service Commercial Zoning, this flexible site presents an ideal location for automobile services such as showrooms and repair shops, warehouses, and certain manufacturing uses.

1990 Webster Avenue is currently improved by a 9,150 square foot industrial facility built in 1982 with a brick façade and one drive in door. A redevelopment project at the site is eligible for a building up to 16,000 square feet for commercial use or up to 47,000 square feet for a commercial facility. Current real estate taxes on the property come in at just $36,700.

Situated just off Webster Avenue, the property enjoys a highly visible location that receives exposure to more than 17,000 vehicles passing by each day. The property is also easily accessible for employees and customers, sitting just 4 blocks from Interstate 95 and within walking distance of stops for the B, D, and 4 subway lines and the Harlem Metro line. Sitting directly adjacent to the facility, the Park House development offers a 12-story, 248-unit affordable housing community, delivering a large built-in audience of potential customers.
Businesses at 1990 Webster Avenue will be able to tap into the area’s reliable demographic profile to support operations at the property. Within just 1 mile, the growing population of over 234,000 offers a workforce of more than 53,000 and collected consumer spending of more than $1.4 billion during 2024.

Don’t miss the chance to create high-demand new space serving the Bronx’s Tremont neighborhood with the versatile redevelopment site at 1990 Webster Avenue.