B6 Real Estate Advisors has been retained as the exclusive agents of sale for 338-344 Grand Concourse, a development site in the Mott Haven neighborhood of The Bronx offering the opportunity to build up to 78,624 square feet. The firm’s Mitchell Flaherty has the assignment.
Listed for $10.95 million, this site presents the opportunity for an investor to be a part of New York City’s most active development zone. The site enables a developer to create a ground-up high-rise, mixed use project with extensive views of the New York skyline. It is located in a Qualified Opportunity Zone.
Mott Haven has seen tremendous growth due to increased investment from the private and public sectors, according to B6. Transportation infrastructure and convenience have attracted institutional capital to Mott Haven, with over 9.5 million square feet of commercial development and 7,300 residential units coming on line within the area.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-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 15-20 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).