1940 Grand Concourse

1940 Grand Concourse, Bronx, NY 10457

Property Information

  • For Lease Contact for pricing
  • Property Type Land - Commercial/Other (land)
  • Property Size 76,000 SF
  • Lot Size 0.26 Acre
  • Property Tenancy Single Tenant
  • Date Updated Aug 1, 2026

Description

Position your business, institution, or development project on one of the Bronx's most recognizable corridors at 1940 Grand Concourse 

This site presents a rare build-to-suit opportunity on a 0.26-acre site in the heart of the Bronx. Zoned R8X with the potential for up to approximately 75,000 square feet of new development, the property offers exceptional flexibility for educational, medical, community facility, institutional, and other permitted users seeking a custom-built presence along the iconic Grand Concourse. The site can accommodate a multi-story facility of up to 10 stories, creating a highly visible destination in a rapidly evolving urban corridor.

Beyond long-term development opportunities, ownership is also exploring interim land uses for qualified occupants and end users. The site may be well suited for construction-related operations, including equipment staging, material laydown, contractor parking, fleet storage, and temporary project support during active developments throughout the Bronx and Upper Manhattan. The property's central location provides convenient access to major transportation routes, job sites, and surrounding neighborhoods. Based on internal feedback, construction companies and other end users are actively seeking temporary storage, equipment staging, material laydown areas, and parking during ongoing projects.

Located near Yankee Stadium, the Bronx Museum of the Arts, and multiple subway and bus lines, the property benefits from strong visibility, excellent transit accessibility, and steady pedestrian activity. Organizations can establish a long-term foothold in one of New York City's most dynamic growth corridors while tailoring the site to their specific operational and development requirements.

Highlights

  • .26 Acre Development Site
  • R8X Zoning
  • Build-to-suit Opportunities Available
  • Ideal for educational, medical, community facility, and institutional uses
  • Prominent Grand Concourse location
  • Excellent transit and highway accessibility

2 Spaces Available

Build-to-Suit Development Opportunity

Space Type

Leased Land

Lease Rate

Contact for pricing

Total Space

74,000 SF

Floor

10

Available Date

Immediate

Space Number

GCT-LND

Rare build-to-suit development opportunity on the Grand Concourse in the Bronx. Situated on approximately 11,326 SF (0.26 acres), this development site offers the potential for up to 75,000 SF of new construction under R8X zoning. Ideal for educational, medical, community facility, institutional, nonprofit, and other qualified end users seeking a custom-designed facility in a highly visible urban location. The site's prominent positioning, strong transit access, and proximity to major Bronx landmarks create a unique opportunity to establish a long-term presence in one of New York City's most dynamic corridors.

Contractor Storage, Staging & Parking Opportunity

Space Type

Flex Space

Lease Rate

Contact for pricing

Total Space

15,134 SF

Floor

1

# Of Parking Spaces

40

Available Date

Immediate

Sublease

No

Approximately 11,326 SF of vacant land available for interim outdoor use. Suitable for contractor equipment storage, material laydown, construction staging, fleet parking, temporary project offices, and other project-support operations.

The property's central Bronx location along the Grand Concourse provides convenient access to active construction projects throughout the Bronx and Upper Manhattan, making it an attractive option for contractors, developers, utility companies, and infrastructure-related users seeking flexible outdoor space. Ownership will consider qualified short- and medium-term occupancies.

Contacts

Location

Located at 1940 Grand Concourse, Bronx, NY 10457, this property is part of the Mount Hope neighborhood and Bronx market.

Contact Listing Broker
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