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Highlights

  • Unleash innovation near the heart of New York City at 1942 Grand Concourse, a clear canvas for a build-to-suit charter school in School District 9.
  • Envision an iconic structure synchronizing New York City's bold skyline with the potential for 10 stories, providing a landmark for years to come.
  • School District 9 development promises a compelling educational climate amid vibrant Bronx neighborhoods and iconic landmarks.
  • R8X zoning on a 0.26-acre lot provides for up to 75,000 square feet of space for a new state-of-the-art educational institution.
  • Secure a long-term lease option, allowing schools to establish a leasehold condo, offering significant real estate tax benefits.
  • Accommodate the demand for quality education in New York City with 1.4 million residents in Bronx County, shaping the future at 1942 Grand Concourse.

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor, Ste GCT-LND
  • 75,000 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Full Build-Out
  • 2027-02-01

Build-to-suit development site.

  • Fully Built-Out as Standard Office
  • Space is in Excellent Condition
  • Build-to-suit
  • Elevator access
  • Mostly Open Floor Plan Layout
  • Central Air and Heating
  • GBA can be divided across multiple floors
  • Located within NYC School District 9
Space Size Term Rental Rate Space Use Build-Out Available
1st Floor, Ste GCT-LND 75,000 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office Full Build-Out 2027-02-01

1st Floor, Ste GCT-LND

Size
75,000 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Build-Out
Full Build-Out
Available
2027-02-01

1st Floor, Ste GCT-LND

Size 75,000 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Build-Out Full Build-Out
Available 2027-02-01

Build-to-suit development site.

  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Space is in Excellent Condition
  • Central Air and Heating
  • Build-to-suit
  • GBA can be divided across multiple floors
  • Elevator access
  • Located within NYC School District 9

About the Property

Discover a rare build-to-suit development opportunity in the heart of the Bronx at 1940 Grand Concourse. Situated on a 0.26-acre lot, this prime site offers flexible design potential for a variety of community-oriented, institutional, medical, or educational uses. Zoned R8X, the property allows for up to 75,000 square feet of new construction—providing the scale and visibility for an impactful urban presence. With the potential to rise up to 10 stories, tenants or developers can create a custom-built facility that complements the iconic Grand Concourse streetscape. Positioned within a vibrant section of the South Bronx, the site benefits from proximity to Yankee Stadium, the Bronx Museum of the Arts, and Richman (Echo) Park, as well as multiple transit options and strong pedestrian traffic. This build-to-suit arrangement offers both stability and flexibility, allowing an organization to tailor the property to its unique operational needs while establishing a lasting footprint in one of New York City’s fastest-evolving corridors.

Property Facts

Total Space Available 75,000 SF
Property Type Specialty
Property Subtype Schools
Building Size 75,000 SF
Year Built 2027
Construction Status Proposed

Features and Amenities

  • Bus Line
  • Metro/Subway
  • Signage
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
70/100
  • Listing ID: 17793857

  • Date on Market: 2019-11-22

  • Last Updated:

  • Address: 1940 Grand Concourse, Bronx, NY 10457

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