2520 Park Avenue

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.