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New York & Tri-State  + Uptown/Bronx  + Opportunity Zones  | 

Avison Team Markets Bronx O-Zone Site

Avison Young has been hired to sell a Bronx development site offering up to 99,184 buildable square feet in an Opportunity Zone. The asking price for the site at 751 Concourse Village West is $8,995,000.

The firm’s James Nelson, Daniel Tropp, Fritz Richter, Allan Fries, Toku Saito and Willis Fries will market the 15,259-square-foot lot located on the corner of Concourse Village West and East 156th Street.

The site, which allows for commercial or community facility use, is currently being used as a 30,400-square-foot parking garage managed on a month-to-month basis, so it can be delivered vacant upon its sale. With the inclusion of a community facility component, the property has the potential for up to approximately 99,184 buildable square feet.

“This is a great investment and its location within an Opportunity Zone provides its future buyer with immediate tax benefits,” said Nelson.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Development
  • ◦Sale/Acquisition