Contact Property

3537 Bainbridge Ave - Availability Details

3537 Bainbridge Ave, The Bronx, NY 10467

  • For Sale $2,250,000
  • City The Bronx
  • Neighborhood Norwood
  • Zip Code 10467
  • Property Type Land - Office (land)
  • Property Size 37,258 Sqft
  • Lot Size 7,762 Sqft
  • Date Updated 11 May, 2021

Ariel Property Advisors presents 3537 Bainbridge Avenue, a prime development opportunity in close proximity to Montefiore Medical Center in the Norwood neighborhood of the Bronx. Located just off the bustling corner of Bainbridge Avenue and East Gun Hill Road, 3537 Bainbridge Avenue’s R7-1 zoning provides developers with unique possibilities. Given the site’s 4.8 FAR with community facility and its proximity to Montefiore Medical Center, the property is an ideal opportunity to develop 37,258 square feet (approximately, as-of-right) for medical-office, life science, research, or other healthcare-oriented non-profit use. Its R7-1 zoning and its location on a ‘wide-street’ (FAR: 4.0 w/ wide-street) also allow developers to build a 31,048 square foot (approximately, as-of-right) residential project.

Currently, 3537 Bainbridge is improved with a two-story convent totaling approximately 8,520 square feet. Notably, the site’s location in a recently created Qualified Opportunity Zone presents qualifying investors with tax benefits associated with the Tax Cuts and Jobs Act of 2017.

In addition to enjoying a central location in the middle of the Montefiore Medical Center Campus, 3537 Bainbridge Avenue is surrounded by several major Bronx attractions. Van Cortlandt Park, Williamsbridge Oval, The Bronx Botanical Gardens, The Bronx Zoo, and both Fordham University and Lehman College are all a short distance from the property.

The 4/D subways lines, the Williams Bridge Metro-North station, The Bronx River Parkway, and the Major Deegan Expressway are all within a half-mile of the property and provide convenient transportation throughout the Bronx and the greater NYC area.

Offering tremendous scale and a prime location in an Opportunity Zone, 3537 Bainbridge is a premier North Bronx development opportunity.

read more read less

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker

Michael A. Tortorici

Ariel Property Advisors

(212) 544-9500 x 13

broker

Jason M. Gold

Ariel Property Advisors

(212) 544-9500 x 22

broker

Shimon Shkury

Ariel Property Advisors

(212) 544-9500 x 11

broker

Victor Sozio

Ariel Property Advisors

(212) 544-9500 x 12

broker

Jeff Henley

Ariel Property Advisors

(212) 544-9500 x 26

Contact Property

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.