350 Grand Concourse
RIPCO REAL ESTATE has been retained on an exclusive basis to arrange for the sale of 350 GRAND CONCOURSE, a 31,017 SF lot located in the Mott Haven of the Bronx. 350 Grand Concourse is a premier development opportunity located in the Mott Haven neighborhood of the Bronx. The property spans 31,110 SF and is zoned C6-2A/R8A, offering a maximum FAR of 7.2, which translates to 223,323 buildable square feet. This site is ideal for a variety of uses including residential, mixed-use, office, hotel, and community facilities. It is also situated within a Qualified Opportunity Zone, providing potential tax benefits for developers and benefits from Brownfield Cleanup Program. The property features 312 feet of frontage along the Grand Concourse, a major thoroughfare in the Bronx. Its strategic location offers easy access to Midtown Manhattan, with the and subway lines just steps away, making it a highly desirable site for development. The area is witnessing a surge in development activity, with over 9.5 million square feet and 7,300 residential units coming online, driven by prominent developers such as Broofield, RXR, and L+M Development. This property provides an excellent opportunity for investors to capitalize on the growing demand for mixed-use developments in one of New York City's most active development zones. The site will enable a developer to create a ground-up, high-rise, mixed-use project with extensive views of the NYC skyline.
