This property at 410 E 138th Street in the Bronx presents an exceptional development or repositioning opportunity in the heart of the thriving Mott Haven submarket. Spanning a 50-foot by 100-foot lot with existing retail improvements, the site offers 9,729 square feet of current built area, with an additional 5,472 square feet of unused air rights. Zoned R6 with a C1-4 commercial overlay and a maximum buildable area of over 15,000 square feet, the property delivers significant flexibility for new residential, mixed-use, or enhanced retail configurations.
Located on a highly active commercial corridor, the site benefits from strong neighborhood investment, consistent residential growth, and convenient transportation connectivity to Manhattan and the wider Bronx market. The property is situated among established retail and dining options and is positioned to capture the foot traffic and consumer base of a densely populated urban community.
Offered at $4,000,000, this asset provides an attractive entry point for developers and investors eager to capitalize on one of New York City’s most dynamic redevelopment environments.