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126 Bruckner Blvd
Bronx, NY 10454
Terrain À vendre
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0,32 AC
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Faits saillants de l'investissement
- Long-term covered land position with stable income from an existing gas station tenant generating over $105,000 annually.
- Robust development entitlements with up to 99,144 buildable square feet under the UAP framework.
- Prime Bruckner Boulevard frontage with exceptional visibility and immediate access to the Bruckner Expressway, Third Avenue Bridge and 6 train.
- Ability to use 100 percent bonus depreciation due to the active fueling station, significantly improving upfront tax efficiency.
- E-designation allowing future owners to capture meaningful Brownfield Cleanup Program credits, reducing redevelopment costs.
- Located within Mott Haven’s high-growth residential district, surrounded by major multifamily developments that strengthen long-term area demand.
Résumé de l'annonce
126 Bruckner Boulevard presents a rare covered land investment offering in the heart of Mott Haven, one of New York City’s most active development corridors. Situated along a highly visible stretch of Bruckner Boulevard, the property delivers immediate scale and exceptional frontage, drawing significant exposure from both local and regional traffic. The asset is positioned between Brook Avenue and St. Ann's Avenue, providing seamless access to the Bruckner Expressway and convenient connectivity to the 6 train, the Third Avenue Bridge and Manhattan’s employment core.
The property’s existing gas station tenant provides durable in-place income, with a lease extending through July 2028 and generating $105,370 in annual revenue, resulting in a strong interim return while future development plans are explored. Its operating status as a functioning gas station allows buyers to unlock the high-value benefit of 100 percent bonus depreciation, a rare tax advantage that materially enhances the asset's cash-on-cash profile in early ownership years.
At 13,770 square feet, the lot offers substantial development potential supported by its MX-1 (M1-5/R8A) zoning. Investors can capture 82,895 buildable square feet as-of-right, or up to 99,144 buildable square feet under the City of Yes UAP density incentive. In addition, the site’s E-designation creates an opportunity to leverage significant Brownfield Cleanup Program tax credits, further improving project economics for long-term developers.
Surrounded by thousands of new residential units delivered or planned in Mott Haven, the property is positioned within an established migration pattern of institutional-grade investment and mixed-use growth. Whether held as an income-producing covered land play or advanced toward future development, 126 Bruckner Boulevard offers a compelling combination of cash flow, tax efficiency and large-scale repositioning potential—an ideal opportunity for long-term investors seeking strategic Bronx exposure.
The property’s existing gas station tenant provides durable in-place income, with a lease extending through July 2028 and generating $105,370 in annual revenue, resulting in a strong interim return while future development plans are explored. Its operating status as a functioning gas station allows buyers to unlock the high-value benefit of 100 percent bonus depreciation, a rare tax advantage that materially enhances the asset's cash-on-cash profile in early ownership years.
At 13,770 square feet, the lot offers substantial development potential supported by its MX-1 (M1-5/R8A) zoning. Investors can capture 82,895 buildable square feet as-of-right, or up to 99,144 buildable square feet under the City of Yes UAP density incentive. In addition, the site’s E-designation creates an opportunity to leverage significant Brownfield Cleanup Program tax credits, further improving project economics for long-term developers.
Surrounded by thousands of new residential units delivered or planned in Mott Haven, the property is positioned within an established migration pattern of institutional-grade investment and mixed-use growth. Whether held as an income-producing covered land play or advanced toward future development, 126 Bruckner Boulevard offers a compelling combination of cash flow, tax efficiency and large-scale repositioning potential—an ideal opportunity for long-term investors seeking strategic Bronx exposure.
Faits sur la propriété
| Type de vente | Investissement | Sous-type de propriété | Terrain commercial |
| Condition de vente | Emphytéote (Frais de cession-bail) | Taille totale du lot | 0,32 AC |
| Nombre de lots | 1 | Année de construction | 1931 |
| Type de propriété | Terrain | Zone de développement économique |
Oui
|
| Zonage | R8A / M1-5 / MX-1 - Special mixed-use district paired with a high-density residential district and a light manufacturing district. It offers a 6.02 FAR, allowing for 82,895 "as-of-right" BSF. | ||
| Type de vente | Investissement |
| Condition de vente | Emphytéote (Frais de cession-bail) |
| Nombre de lots | 1 |
| Type de propriété | Terrain |
| Sous-type de propriété | Terrain commercial |
| Taille totale du lot | 0,32 AC |
| Année de construction | 1931 |
| Zone de développement économique |
Oui |
| Zonage | R8A / M1-5 / MX-1 - Special mixed-use district paired with a high-density residential district and a light manufacturing district. It offers a 6.02 FAR, allowing for 82,895 "as-of-right" BSF. |
1 Lot disponible
Lot
| Prix | 16 028 410 $ CAD | Taille du lot | 0,32 AC |
| Prix par AC | 50 088 781,49 $ CAD |
| Prix | 16 028 410 $ CAD |
| Prix par AC | 50 088 781,49 $ CAD |
| Taille du lot | 0,32 AC |
The property consists of a 13,770 square foot lot measuring approximately 137.58 feet by 100 feet, featuring prominent frontage along Bruckner Boulevard between Brook Avenue and St. Ann’s Avenue.
Description
126 Bruckner Boulevard is an income-generating commercial land asset located in one of the Bronx’s most rapidly transforming neighborhoods. The property sits within an MX-1 district (M1-5/R8A), allowing for a wide range of residential, commercial and mixed-use development typologies. As-is, the property functions as a single-tenant gas station, providing stable cash flow through July 2028. Investors benefit from the ability to utilize 100 percent bonus depreciation due to the property’s existing improvements, delivering significant federal tax advantages. The site also qualifies for Brownfield Cleanup Program credit opportunities because of its E-designation, enhancing project feasibility for future redevelopment.
Impôts fonciers
| Numéro de lot | 02260-0004 | Évaluation des bâtiments | 280 900 $ CAD |
| Évaluation du terrain | 159 602 $ CAD | Évaluation totale | 440 502 $ CAD |
Impôts fonciers
Numéro de lot
02260-0004
Évaluation du terrain
159 602 $ CAD
Évaluation des bâtiments
280 900 $ CAD
Évaluation totale
440 502 $ CAD
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