Overview

Description

RIPCO REAL ESTATE has been retained on an exclusive basis to arrange for the sale of 626 PELHAM PARKWAY S — in the Pelham Parkway section of the Bronx (the ‘Property’).

Located within the major retail thoroughfare of White Plains Road, this corner commercial building spans 180’ of frontage at the corner of Pelham Parkway S and Bolton Street. The Property has a total building area of approximately 13,800 SF across two stories and will be delivered vacant.

The Property presents the ideal opportunity to use the existing bricks for retail, medical, or office uses, as well as the opportunity to develop. The 100’x100’ Property sits in a C4-4 zoning on a wide street, allowing for up to a 3.44 FAR (floor area ratio). The zoning allows nearly 40,000 buildable SF for residential / commercial uses.

Surrounding the Property includes major retailers such as Starbucks, Chipotle, and McDonald’s. The Pelham Parkway subway station is less than a minute walk to the Property and provides access to the 2 and 5 subway trains.

This prime retail location combined with the building’s potential for adaptive reuse or development presents an excellent opportunity for an investor or end-user to capitalize on this attractive location.

Please reach out to the exclusive brokers with any questions about the opportunity.

Highlights

• Corner commercial building located off major retail hub at White Plains Road
• 180’ of wraparound frontage, including 100’ on Pelham Parkway S
• On-Site Parking Lot Located in rear of building
• Ground Floor 6,900 SF, 25’ ceiling height
• 2nd Floor 5,600 SF, 12’ ceiling height
• Open layout provides potential for multiple uses including retail, medical, or office
• Conveniently located within walking distance to the Pelham Pkwy 2 and 5 Subway Stations

Documents

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