540 Concord Ave, Bronx, NY

A Massive 36 Unit Mixed-Use Commercial Property, in the heart of the Bronx, with 33 Luxury Style Residential units and 3 Commercial units brimming with foot traffic.
Screenshot 2025-05-23 at 12.25.42 AM
  • Commercial Space, Mixed Use, Residential, Retail

Transaction Highlights

  • $6,379,000 Sale Price
  • 10 Year Fixed Rate Financing at 5.75%
  • 33 Residential Units
  • 3 Commercial Units
  • Retail mixed-use building

540 Concord Ave, Bronx, NY

  • Bronx, NY
  • 226,511 Gross Sq Ft.
  • 36 Units (3 Commercial)
  • $6.4M Transaction
  • 5.75% 10 Years Fixed

Property Representative

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Picture of David Martinez

David Martinez

Head of Asset Management

Expertise

  • Asset Management
  • Property Operations
  • Value Enhancement

Property Overview

North New York is cradled by I-87 and I-278, just across the Harlem River from northeast Manhattan. With apartments just a fraction of the cost, this slice of the Big Apple offers an affordable location with terrific proximity to everything New York City has to offer. Also called Mott Haven, North New York is a mixed-use neighborhood wrapped around a large park, Saint Mary’s Park.

Typical of many New York neighborhoods, North New York contains apartment buildings, brownstones, and multi-family row houses. The neighborhood is densely populated and is home to three historic districts.