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2520 Park Ave 8,750 SF Industrial Building Bronx, NY 10451 $2,995,000 ($342.29/SF)
Investment Highlights
- Split zoning M1-4 and R7X allowing multiple use and redevelopment strategies
- Suitable for owner user, investor, or developer
- Positioned within an active redevelopment corridor with proven land sales
- Residential zoning supports up to 5.0 FAR with additional industrial FAR
- Strong South Bronx location near Manhattan and major highways
Executive Summary
2520 Park Avenue offers a rare opportunity for an owner user or developer to acquire a Bronx property with split M1-4 and R7X zoning. The site allows for flexible industrial, commercial, or residential redevelopment with residential FAR up to 5.0. Strategically located in the South Bronx near Manhattan with strong highway access and surrounding redevelopment activity.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$49,939
|
$5.71
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$49,939
|
$5.71
|
Financial Summary (Actual - 2025)
| Taxes | |
|---|---|
| Annual | $49,939 |
| Annual Per SF | $5.71 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $49,939 |
| Annual Per SF | $5.71 |
Property Facts
| Price | $2,995,000 | Rentable Building Area | 8,750 SF |
| Price Per SF | $342.29 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built/Renovated | 1931/2003 |
| Sale Condition | Redevelopment Project | Tenancy | Single |
| Property Type | Industrial | Clear Ceiling Height | 18’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.20 AC | Opportunity Zone |
Yes
|
| Zoning | M1-4R7X - M1-4/R7X | ||
| Price | $2,995,000 |
| Price Per SF | $342.29 |
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 0.20 AC |
| Rentable Building Area | 8,750 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1931/2003 |
| Tenancy | Single |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | M1-4R7X - M1-4/R7X |
Amenities
- Metro/Subway
- Signage
- Air Conditioning
1 1
Walk Score®
Very Walkable (88)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (74)
Property Taxes
| Parcel Number | 02322-0015 | Total Assessment | $460,350 |
| Land Assessment | $40,500 | Annual Taxes | $49,939 ($5.71/SF) |
| Improvements Assessment | $419,850 | Tax Year | 2025 |
Property Taxes
Parcel Number
02322-0015
Land Assessment
$40,500
Improvements Assessment
$419,850
Total Assessment
$460,350
Annual Taxes
$49,939 ($5.71/SF)
Tax Year
2025
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2520 Park Ave
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