Beethoven Pianos Warehouse Listed in Mott Haven
Development Site Advisors has been hired to sell the Beethoven Pianos warehouse at 2403 Third Ave. in the Bronx’s Mott Haven neighborhood. The family-owned retail business will be relocating in the area and plans to deliver the 38,850-square-foot building vacant at closing. Asking price is $11.5 million.
The existing building was built in 1882 for Jordon Lawrence Mott, the namesake of Mott Haven, and his firm The J. L. Mott Iron Works. It’s located in an Opportunity Zone, directly between Brookfield Properties’ Bankside mixed-use project and a newly-announced, 200-unit apartment complex from RXR Realty Advisors.
The five-story building has appeared in both feature films and documentaries, including “Mott Music,” a Sundance Institute portrait of Beethoven Pianos founder Carl Demler and the store’s employees. The property also has a billboard in place with income on a month-to-month basis.
For comments, questions or concerns, please contact Paul Bubny