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New York & Tri-State  + Uptown/Bronx  + Apartments  | 

Development Site Sells in Residential Hub of the Bronx

Ariel Property Advisors arranged the $7-million sale of a development site located at 114 Bruckner Blvd. within the Mott Haven section of the South Bronx. An Ariel team led by senior director Jason M. Gold and associate director Gabriel Elyaszadeh represented the seller.

“Mott Haven has become the center of new residential development projects in the Bronx and 114 Bruckner Blvd. is situated in the heart of it,” notes Gold. “The Bronx investment sales market experienced a significant recovery in 2025 with development site sales rising nearly 70% in the first half of the year, and we expect this trend to continue into the new year.”

114 Bruckner Blvd. sits on a 9,500-square-foot corner lot that offers 57,190 buildable square feet as of right, including 195 feet of wraparound frontage on Bruckner Boulevard and Brown Place. The site is eligible to use the “City of Yes” Universal Affordability Preference program, allowing up to 68,400 buildable square feet.

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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).

  • ◦Sale/Acquisition
  • ◦Development