26,787 SF Commercial Building

1414 Cromwell Avenue, Bronx, NY

$4,600,000

Price

26,787 sqft

Building Size

13,394 sqft

Lot Area

Overview
Building Size
26,787 sqft
Lot Area
13,394 sqft
Zoning
C8-3
Description

Ariel Property Advisors is pleased to present 1414-1424 Cromwell Avenue, a commercial building located on the east side of Cromwell Avenue, just off the corner of West 170th Street in the Mount Eden section of the Bronx.

The 26,787 SF building is currently configured as a two-story parking garage with 150’ of frontage on Cromwell Avenue, and ceiling heights ranging from 14’-16’. In addition, the property is currently vacant which provides a tremendous value-add opportunity for any investor or owner-user.

1414-1424 Cromwell Avenue is just outside of the recently rezoned Jerome Avenue district, an area where many investors have shown significant interest as development and opportunity will only evolve in the future. The subject property’s zoning (C8-3) also allows for large community facility use (FAR: 6.5 for community facility use) for a total buildable square footage of over 87,000 square feet.

The property is within a mile of the recently renovated Highbridge Park, Bronx Lebanon Hospital, Yankee Stadium, as well as the West Bronx Recreation Center. Immediate access to Manhattan and the other boroughs is provided by the 4/B/D trains, which are located around the corner.

Offering scale and a great location in a rapidly appreciating neighborhood, 1414-1424 Cromwell Avenue represents an outstanding opportunity in a rapidly up and coming Bronx neighborhood.

Documents

Location
Gallery