Large Corner Development Opportunity with 19,500 SF Footprint

Highlights:

• Ariel Property Advisors presents 3641 Boston Road, a rare corner development opportunity in the Bronx’s Edenwald neighborhood
• The property consists of a 19,500 sq. ft. vacant parcel that is currently used as a parking lot. The site measures 175’ along Boston Road and 100’ along East 224th Street, yielding 275’ of wraparound frontage with an additional access point on East 223rd Street.
• Located on the East side of Boston Road between Williamsbridge and Eastchester, the premises provide convenient access to a host of local retailers, restaurants and neighborhood amenities.
• It also offers excellent access to mass transit, located near multiple bus routes, and is within a short distance of the 2 and 5 subway lines at the Baychester Avenue station.
• Designated as a Qualified Site within a Greater Transit Zone through the City of Yes zoning initiative, 3641 Boston Road presents a premier opportunity for developers to bring much-needed housing and commercial space to a growing Bronx neighborhood.
• The extensive lot size also makes it an ideal rezoning location and provides owner-user optionality for those seeking ample parking and street exposure.
• Ownership is open to various offer structures including joint ventures, ground leases, or contracts to rezone the property

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