The Reel

Follow us:

A blog for breaking sales and neighborhood real estate news.

The subject property is a 54,204 SF mixed-use development site located on the southwest corner of East 149th Street and Gerard Avenue. The site is directly across the street from the new 1 million SF shopping mall; the Gateway Center at Bronx Terminal Market. Under the inclusionary housing program the zoning allows for the construction of 390,268 SF (approx) of residential space out of which 108,408 SF (approx) could be commercial or manufacturing. The site currently consists of a 42,000 industrial building with a lease expiring April 2012. The billboard on the property has a lease that expires October 2011.

Click here for listing details.

Neighborhoods: Mott Haven