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2532 Davidson Avenue

Bronx, NY 10468
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Bed --

Bed

Bath 0

Bath

Acres0.14

Acre(Lot)

DEVELOPMENT FUNDAMENTALS This 5,890 sq ft corner lot represents a rare redevelopment opportunity in one of the Bronx’s highest-density, most transit-accessible corridors. The existing 3-family building (3,614 sq ft) sits on a substantially underbuilt lot. Under current zoning, the site supports FAR 2.43, enabling approximately 14,313 sq ft of buildable area—creating 10,699 sq ft of additional development capacity above the existing structure. MARKET FUNDAMENTALS & RENTAL DEMAND The Fordham submarket demonstrates exceptional rental strength: 97.25% renter-occupied units, median rent of $1,365/month, and 19,033 households within the immediate neighborhood. This persistent demand supports stable income during any hold period and provides downside protection during repositioning phases. T he area maintains 100,957 persons per sq mi density—among the highest in New York City. STRATEGIC LOCATION & TRANSIT ACCESS 2532 Davidson Avenue anchors a major commercial and employment hub with 1,257 establishments, multiple subway lines (2, 4, 5, D trains), and proximity to Fordham University, the New York Botanical Garden, and the Bronx Zoo. The location benefits from consistent foot traffic, institutional employment, and tourism-driven activity, supporting both residential and mixed-use development strategies. REDEVELOPMENT POTENTIAL The property’s underutilized zoning envelope creates a clear path for value creation through expansion, repositioning, or ground-up redevelopment. Current income from the 3-family building provides cash flow during acquisition, planning, and entitlement phases, enhancing project feasibility. INVESTMENT THESIS Strong rental demand, high neighborhood density, strategic transit access, and significant unused development capacity position this site for meaningful upside. The Bronx rental market continues to show supply constraints and persistent demand, making this property an attractive opportunity for developers seeking scalable Bronx exposure with a straightforward path to value.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,500,000

AD Id : 86587688

MLS Id : 1009747

Lot Size : 0.14 Acre

Year Built : 1920

Garage : 1

County : Bronx

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Feature Features

  • Room Information

    Basement: Finished, Full, Walk-Out Access
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas Has Cooling: Yes Cooling: Wall/Window Unit(s)

  • Building Information

    Year Built: 1920 Building Area Total: 3614 Construction Materials: Brick Private Pool: No

  • Lot Information

    Lot Size Acres: 0.1376 Lot Size Square Feet: 5995

  • Listing Price Information

    Listing Price: $1500000

  • Tax Information

    Parcel Number: 03201-0013 Tax Lot: 13 Tax Block: 3201 Annual Tax: $6356.92

  • Parking Information

    Parking Total: 12 Detached, Driveway, Garage, Oversized, Parking Lot, Private, Unpaved

    Garage Information

    Has Garage: Yes Garage Space: 1

  • School Information

    Elementary School: Bronx Stem And Arts Academy
    Junior High School: Acad-Personal Ldshp And Excellence
    Senior High School: Bronx High School Of Science
  • Utility Information

    Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2311 Creston Avenue, Bronx, NY, 10468 $1,150,000 6 3 --
2308 Morris Avenue, Bronx, NY, 10468 $1,299,999 9 3 --
2308 Morris Avenue, Bronx, NY, 10468 $1,349,999 9 3 --
2540 Davidson Avenue, Bronx, NY, 10468 $1,400,000 7 2 --
2587 Sedgwick Avenue #2, Bronx, NY, 10468 $900,000 3 -- --
2291 Loring Place, Bronx, NY, 10468 $1,249,000 9 3 --

The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 07/04/2026 @ 12:17

MLS: 1009747 LISTED BY: Al Morrobel, Locqube New York, Inc. 347-657-1114 SOURCE: OneKey MLS

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