2050 Grand Concourse, Bronx, NY 10457

April, 2017- Jeremiah A. Houlihan of Houlihan Parnes Realtors, LLC is pleased to announce the sale of a 10,900 sf development site located at the northeast corner of the Grand Concourse and East Burnside Avenue in the Bronx, New York.  The property consists of 3 lots merged within a R8 zoning district and has 50 feet of frontage along the Grand Concourse and 165 feet of frontage along East Burnside Ave.

The property was purchased for a price of $5,300,000 by a Bronx based affordable housing developer who plans to build 60+ efficiency apartments, on-site supportive and administration rooms as well as possible underground parking.