3230 THIRD AVENUE, Bronx, NY 10451

Developers Dream

This is a property for investors with vision, Just one look to the Renaissance this area is going thru, will be sure to affirm that you need to have your presence here. Great Location, Superb Building, It has over 14K SF of extra air rights. Built to serve as a bank in the 1930' s; the North Side Savings Bank building is a great investment in today's market. The building has a 30 foot high ceiling in the main entrance, 7,303 SF ground floor, 3,016 SF mezzanine and 4 bathrooms. Average rental in the area for a ground floor space is around $30 PSF ($24 $36). The property is located in a retail corridor, near mass transportation, schools, across the street from the new Boricua College, in a high-density area. The building stands across the street of the new Boricua Village (over 700 units) and one block for the Saint Ann' s Apartments (660 units). This is SOBRO and it will soon be priced higher. Plenty of space in a busy economic HUB for the right developer. The footprint is there with 7,303 of lot area with Air rights to build up. Developers please contact me . We are open to partnering with developers for projects.