2530 GRAND CONCOURSE, BRONX, NY

UNIQUE MIXED-USE 82,000 SF BUILDING DELIVERED VACANT - PRIME FORDHAM

2530 GRAND CONCOURSE, BRONX NY 10458
Asking Price Submit Offers
Type Mixed-Use
Neighborhood Bronx
Properties 1
Lot Size 200' x 100'
Zoning Code C4-4
Size 82,209 Gross Square Feet
Stories 10
Units Full Building (1 Retail Condominium & 1 Office Condominium)
Air Rights

Investment Highlights:

Meridian Investment Sales is pleased to offer for sale 2530 Grand Concourse “The Dollar Savings Bank Building” – one of the most historic buildings in the Bronx spanning 82,209 gross square feet. The unique historic property previously operated as a retail bank branch with offices, and is located in a desirable C4-4 zoning district, which permits a wide array of uses. Constructed beginning in 1933 and designed by architect Halsey, McCormack & Helmer in classical Art Deco style, the commercial portion is 31,265 gross square feet and features an elegant pink granite, brick, and terra cotta facade with original details. The office tower rises ten stories, and features an iconic clock tower that can be recognized from Manhattan.

The ten-story office tower spans 50,944 gross square feet and was built from 1949-1952. The tower features red brick that contrasts with the pink granite of the original building. The top of the prominent building features a distinct clock tower with four marble faces – a true spectacle that can be seen miles away from the building. Situated just blocks from Fordham University and off of East Fordham Road, the office portion contains windows on three sides providing for an abundance of light and air throughout the units. Many of the floors contain original millwork and meticulous detailing, preserving the original charm.

Investors have an opportunity to acquire a historic landmark with flexible zoning which permits retail, office, hotel, and residential uses. The blank canvas, located in the heart of Fordham, will be delivered vacant. The building is an excellent candidate for investors seeking to capitalize on the growth and revitalization of the area with this landmark, trophy asset.

Location:

Located in the booming Fordham neighborhood proximate to the B, D, and 4 trains at Fordham Road Station, the Metro North at Fordham Station, as well as several parks including St. James Park and Poe Park, 2530 Grand Concourse is a monumental building with a dominating presence at the intersection of East Fordham Road and the Grand Concourse.

Property Listing Contact:

David Schechtman // Senior Executive Managing Director // 800 3rd Ave., New York, NY // 212.468.5907 // dschechtman@meridiancapital.com

Lipa Lieberman // Managing Director // 800 3rd Ave., New York, NY // 212.468.5908 // llieberman@meridiancapital.com

Abie Kassin // Director // 800 3rd Ave., New York, NY // 212.468.5909 // akassin@meridiancapital.com