Newmark has been exclusively retained to arrange for the sale of 3380 Third Avenue, Bronx, NY 10456 (the “Property” or “Offering”), a 22,190-square-foot industrial asset located in the heart of the Morrisania neighborhood of the South Bronx. Situated on a large 13,792-square-foot lot with dual access from both Third and Franklin Avenues,, this Offering presents a rare opportunity for investors, developers, or end-users to acquire a flexible property with substantial development potential. The site allows for up to 55,000 buildable square feet as-of-right, with the possibility of expanding to approximately 69,000 BSF through the Affordable Housing (UAP) Bonus. Currently occupied by only month-to-month tenants, the property will be delivered vacant upon sale, providing a blank slate for redevelopment or adaptive reuse. The Property’s unique lot size offers not only multiple means of egress, with curb cuts and rolling doors facing both avenues, but also creates substantial frontage. The lot runs 178’ wide along Franklin Avenue and 112’ along Third Avenue. 3380 Third Avenue is positioned in a rapidly transforming corridor of the Bronx surrounded by new residential developments. Situated across the street from the 3 Av/E 166 St. bus stop and just a 10-minute walk from the Metro North Melrose Station, the property benefits from direct access to Midtown Manhattan and regional transit. With strong fundamentals, favorable zoning, and proximity to transit, this asset offers a strategic opportunity to capitalize on the Bronx’s ongoing economic and residential growth. All inquiries should be directed to Newmark.