3-Parcel Development Assemblage

Highlights:

• Rare Contiguous Multi-Lot Assemblage: Four lots, 100.92 ft frontage, uniform 136.5 ft depth — an exceptionally rare full-width development site in a market dominated by single-lot infill.
• 49,594 BSF — Significant Untapped Density: R6 + City of Yes UAP delivers 49,594 BSF. Only 3,778 SF of existing GFA — over 45,000 SF of density surplus available immediately.
• $106/BSF — At or Below Market: Priced conservatively versus 2024–2026 Bronx comp range of $107–$140/BSF. Comparable active Bronx assemblage listed at $140/BSF on a smaller, shallower lot.
• 1 Train Access · <25 Min to Midtown: 231st and 238th Street stations within walking distance — the single most consistent rent premium driver in the Bronx multifamily market.

Description:

A Rare Bronx Assemblage at a Critical Market Inflection

Francis Caamano, as exclusive listing broker, is pleased to present for sale a rare three-parcel, four-lot contiguous development assemblage at 3020, 3022, and 3026–3028 Corlear Avenue in the Kingsbridge neighborhood of the Bronx, New York. The portfolio offers 13,776 SF of land with 100.92 linear feet of unbroken street frontage and a uniform 136.5-foot lot depth across all three parcels — creating a superior, full-width development envelope rarely available in this market.

The existing circa-1901–1920 residential structures carry minimal improvement value relative to the land. This offering is effectively a development land acquisition, providing a developer with a clean, architecturally flexible ground-up canvas in one of the Bronx's fastest-moving development corridors.

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