Sale
Pinnacle Realty of New York, LLC is pleased to present the exclusive offering for the sale of 1680 Jerome Avenue, a prime development opportunity located in the vibrant Morris Heights neighborhood of the Bronx.
This 9,000 square foot lot is strategically positioned along Jerome Avenue, one of the Bronx’s most active commercial and residential corridors. Known for its accessibility and recent rezoning initiatives, Jerome Avenue continues to see significant investment and development, making it one of the borough’s most rapidly evolving areas.
The property features favorable R7A / C2-4 zoning, allowing for up to 36,000 buildable square feet as-of-right under the Mandatory Inclusionary Housing (MIH) program. The site also benefits from its location within the FRESH (Food Retail Expansion to Support Health) Program zone, offering potential zoning and tax incentives for developers including increased FAR and potential abatements.
Located just steps from mass transit, including multiple subway lines (4, B, D trains), as well as proximity to the Cross Bronx Expressway and the Major Deegan Expressway, the site offers exceptional connectivity throughout New York City.
This is a rare opportunity to acquire a well-located development site in a rapidly transforming corridor with strong long-term growth potential.