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1927 Gildersleeve Ave 0.54 Acres of Commercial Land Offered at $4,128,240 CAD in Bronx, NY 10473
Executive Summary
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.
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.
Property Facts
| Price | $4,128,240 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.54 AC |
| Zoning | R3-2 - Low density residential district | ||
| Price | $4,128,240 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.54 AC |
| Zoning | R3-2 - Low density residential district |
1 Lot Available
Lot
| Price | $4,128,240 CAD | Lot Size | 0.54 AC |
| Price Per AC | $7,606,210.10 CAD |
| Price | $4,128,240 CAD |
| Price Per AC | $7,606,210.10 CAD |
| Lot Size | 0.54 AC |
1 1
Very walkable
80/100
Moderately drivable
60/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 03456-0002 | Improvements Assessment | $0 CAD |
| Land Assessment | $401,091 CAD | Total Assessment | $55,951 CAD |
Property Taxes
Parcel Number
03456-0002
Land Assessment
$401,091 CAD
Improvements Assessment
$0 CAD
Total Assessment
$55,951 CAD
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1927 Gildersleeve Ave
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