1927 Gildersleeve Ave - Commercial LAND FOR SALE


Bronx, NY 10473- Clason Point23,640 SF
$3,000,000 USD
646-933-2615
1927 Gildersleeve Ave, Bronx, NY for Sale
$3,000,000 USD
Commercial LAND - FOR SALE
1/4
23,640 SF

1927 Gildersleeve Ave
Bronx, NY 10473
Clason Point


OVERVIEW

Investment Property Realty Group (IPRG) has been exclusively retained to market for sale 1927 Gildersleeve Avenue, a unique mixed use investment opportunity located at the intersection of Soundview Avenue and Rudd Place in the Clason Point section of The Bronx. The property consists of a 23,642.5 square foot lot featuring a long-term Battery Energy Storage System (BESS) lease with Orenda, in addition to excess land improved with a detached single-family residence. The BESS portion of the site occupies approximately 60’ x 167’ and is secured by a 25-year lease with scheduled 2% annual rent increases, providing stable long-term income through August 1, 2048. The remaining portion of the property consists of approximately 30’ x 175’ and is improved with a one-story single-family home containing 6 bedrooms and approximately 1,000 square feet. 1927 Gildersleeve Avenue is strategically positioned in the evolving Clason Point neighborhood and offers convenient access to major transportation corridors, as well as the 6, 2, and 5 subway lines. The property presents investors with a rare opportunity to acquire a stable cash-flowing asset with long-term leased infrastructure income and additional upside through the remaining excess land.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/ACRE

$5,527,447/AC

PRICE/SF

$127 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

0.54 AC

LAND SF

23,642 SF

OFFSITE IMPROVEMENTS

-

ZONING

R3-2

APN/PARCEL ID

03456-0002

ASK ABOUT THIS PROPERTY

Jared FriedmanInvestment Property Realty GroupMore Info
646-933-2615

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Jared FriedmanInvestment Property Realty GroupMore Info
646-933-2615

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.