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2520 Park Ave 8,750 SF Industrial Building Bronx, NY 10451 $4,112,075 CAD ($469.95 CAD/SF)
Investment Highlights
- Split zoning M1-4 and R7X allowing multiple use and redevelopment strategies
- Suitable for owner user, investor, or developer
- Positioned within an active redevelopment corridor with proven land sales
- Residential zoning supports up to 5.0 FAR with additional industrial FAR
- Strong South Bronx location near Manhattan and major highways
Executive Summary
2520 Park Avenue offers a rare opportunity for an owner user or developer to acquire a Bronx property with split M1-4 and R7X zoning. The site allows for flexible industrial, commercial, or residential redevelopment with residential FAR up to 5.0. Strategically located in the South Bronx near Manhattan with strong highway access and surrounding redevelopment activity.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$68,565
|
$7.84
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$68,565
|
$7.84
|
Financial Summary (Actual - 2025)
| Taxes (CAD) | |
|---|---|
| Annual | $68,565 |
| Annual Per SF | $7.84 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $68,565 |
| Annual Per SF | $7.84 |
Property Facts
| Price | $4,112,075 CAD | Rentable Building Area | 8,750 SF |
| Price Per SF | $469.95 CAD | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built/Renovated | 1931/2003 |
| Sale Condition | Redevelopment Project | Tenancy | Single |
| Property Type | Industrial | Clear Ceiling Height | 18’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.20 AC | Opportunity Zone |
Yes
|
| Zoning | M1-4R7X - M1-4/R7X | ||
| Price | $4,112,075 CAD |
| Price Per SF | $469.95 CAD |
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 0.20 AC |
| Rentable Building Area | 8,750 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1931/2003 |
| Tenancy | Single |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | M1-4R7X - M1-4/R7X |
Amenities
- Metro/Subway
- Signage
- Air Conditioning
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 02322-0015 | Total Assessment | $629,321 CAD |
| Land Assessment | $55,366 CAD | Annual Taxes | $68,565 CAD ($7.84 CAD/SF) |
| Improvements Assessment | $573,956 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
02322-0015
Land Assessment
$55,366 CAD
Improvements Assessment
$573,956 CAD
Total Assessment
$629,321 CAD
Annual Taxes
$68,565 CAD ($7.84 CAD/SF)
Tax Year
2025
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2520 Park Ave
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