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121,000 SF | 878 Brook Ave | Vacant Former Bronx Borough Courthouse for Sale

878 Brook Avenue | Bronx, NY, 10451

$34,000,000

Sale Price

  • Overview
  • Spaces
  • Documents
  • Photos
  • Maps
  • Demographics

Overview

Property Details

Property Type Special Purpose
Property Name 121,000 SF | 878 Brook Ave | Vacant Former Bronx Borough Courthouse for Sale
Primary Broker Jack Sardar
Zoning C4-4

Property Description

Available for sale for the first time in decades. The former Bronx Borough courthouse is truly a one-of-a-kind opportunity. The building currently occupies a full block and spans about 121,000 SF across 9 stories. Built in 1904, this historic building features immaculate Beaux-style architecture with amazing stonework, grand windows, and intricate detailing. It is located in an opportunity zone and is zoned C4-4. The property is fully vacant and offers significant upside potential as a redevelopment. The building currently has 2 elevators, a grand lobby, and brand-new roughing for high-end plumbing, mechanical, and electric throughout, the possibilities are endless.

Location Description

Located in the Melrose neighborhood of the Bronx at the intersection of 3rd Ave near the Jackson Ave subway station.

Nearest Transit: 2 & 5 trains at Jackson Ave and the BX13, BX6, BX15, & BX21 bus lines.

Nearby tenants include NYC Charter High School for Architecture, BOOM! Health Wellness Center, Phipps Neighborhoods Opportunity Center at Melrose, Boricua College, Bronx Sky Child Care Center Inc, P.S. X140 The Eagle School, Save Our Streets (S.O.S.) Bronx, and more!

Highlights

  • Available for sale for the first time in decades. The former Bronx Borough courthouse is truly a one-of-a-kind opportunity. The building currently occupies a full block and spans about 121,000 SF across 9 stories. Built in 1904, this historic building features immaculate Beaux-style architecture with amazing stonework, grand windows, and intricate detailing.
  • It is located in an opportunity zone and is zoned C4-4. The property is fully vacant and offers significant upside potential as a redevelopment. The building currently has 2 elevators, a grand lobby, and brand-new roughing for high-end plumbing, mechanical, and electric throughout, the possibilities are endless.
  • Beaux-style architecture
  • Opportunity zone
  • Fully vacant
  • 2 elevators and 2 staircases
  • Grand lobby
  • 9 stories
  • School district 7
  • Brand new roughing for high-end plumbing, mechanical, & electric
  • Federal and State Tax credits for purchaser

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    Spaces

    Space Name Space Size Lease Rate Lease Term Space Type
    Sf $/SF per year - -

    Documents

    Photos

    Maps

    Demographics

    0.25 Miles 0.5 Miles 1 Mile
    Total households 3,280 9,365 36,056
    Total households 3,280 9,365 36,056
    Total households 3,280 9,365 36,056
    Total households 3,280 9,365 36,056
    Total households 3,280 9,365 36,056
    Total households 3,280 9,365 36,056
    Total households 3,280 9,365 36,056
    * Demographic Data Derived From 2020 ACS - US Census
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