2170-2178 Jerome Avenue, Bronx NY

Investment Highlights:

Meridian Investment Sales is pleased to present 2170–2178 Jerome Avenue, a two-story, 24,400-square-foot industrial building situated on a 12,202-square-foot corner lot in the Fordham Heights neighborhood of the Bronx. The property is delivered vacant, offering investors the immediate flexibility to lease up at market rents of approximately $18.50/SF NNN or pursue redevelopment of the site, which carries over 24,000 square feet of unused air rights and a maximum FAR of 4.00. With three drive-in bays, 16-foot ceiling heights, and direct access to the Cross Bronx Expressway and Major Deegan, the building is well-suited for last-mile logistics, service users, or a ground-up residential or mixed-use development in a submarket seeing significant new construction activity nearby.