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2540 Davidson Avenue

Bronx, NY 10468
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Bed 7

Bed

Bath 2

Bath

Acres0.09

Acre(Lot)

Exceptional development opportunity in the vibrant heart of Fordham, Bronx. This 2-family residence, built in 1920, sits on a 3,924 sq ft lot with 3,696 sq ft of building space. The property's R6 zoning designation unlocks significant development potential for residential expansion and redevelopment. **Welcome to Fordham – Where Community Thrives** Fordham is a dynamic, welcoming neighborhood that pulses with authentic energy and cultural richness. Anchored by historic Fordham University, this beloved community features tree-lined streets, charming pre-war brownstones, and a wonderful mix of architectural character. The neighborhood radiates with life – from diverse local restaurants and shops along the bustling Fordham Road corridor to the natural beauty of the NY Botanical Garden and B ronx Zoo nearby. What makes Fordham special is its strong sense of community. Year-round festivals, cultural celebrations, and neighborhood institutions create a warm, inclusive atmosphere where families, young professionals, and longtime residents thrive together. The area is experiencing exciting growth – projected to add nearly 1,000 new households over the next 5 years – signaling strong confidence in the neighborhood's future. **Smart Investment Fundamentals:** The numbers back up the neighborhood's appeal. With a robust rental market (median rent $1,384/month), 97% renter-occupied housing, and steady population growth of 4.5% over 5 years, this is a neighborhood on the rise. Strategic location near major employers, universities, and attractions ensures consistent demand. **Development Highlights:** • R6 Zoning - Maximum development flexibility and residential potential • Strong Rental Market - Proven demand with 97% renter-occupied housing • Population Growth - 4.5% projected 5-year increase to 62,682 residents • Vibrant Community - Cultural diversity, local businesses, and strong institutions • Strategic Location - Near Fordham University, NY Botanical Garden, Bronx Zoo • 3,924 sq ft Lot - Excellent for redevelopment and expansion Perfect for developers, investors, and builders seeking strategic growth opportunities in a thriving, welcoming community. This property represents a compelling entry point for residential development in Fordham's vibrant and rapidly appreciating market.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,400,000

AD Id : 86587681

MLS Id : 1009289

Beds : 7

Lot Size : 0.09 Acre

Year Built : 1920

Garage : 1

County : Bronx

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Feature Features

  • Bedroom Information

    Total beds: 7

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Basement: Finished, Full
  • Flooring Information

    Hardwood
  • Heating & Cooling

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

  • Building Information

    Year Built: 1920 Building Area Total: 3696 Construction Materials: Brick, Frame Private Pool: No

  • Lot Information

    Lot Size Acres: 0.0901 Lot Size Square Feet: 3924

  • Listing Price Information

    Listing Price: $1400000

  • Tax Information

    Parcel Number: 03201-0020 Tax Lot: 20 Tax Block: 3201 Annual Tax: $7996

  • Parking Information

    Parking Total: 6 Driveway, Garage

    Garage Information

    Has Garage: Yes Garage Space: 1

  • School Information

    Elementary School: Bronx Stem And Arts Academy
    Junior High School: Bronx School Of Young Leaders (The)
    Senior High School: Bronx High School Of Science
  • Utility Information

    Natural Gas Available, Cable Connected, 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 --
2532 Davidson Avenue, Bronx, NY, 10468 $1,500,000 -- -- --
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 @ 06:41

MLS: 1009289 LISTED BY: Al Morrobel, Locqube New York, Inc. 347-657-1114 SOURCE: OneKey MLS

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