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Highlights
- Unleash innovation near the heart of New York City at 1942 Grand Concourse, a clear canvas for a build-to-suit charter school in School District 9.
- Envision an iconic structure synchronizing New York City's bold skyline with the potential for 10 stories, providing a landmark for years to come.
- School District 9 development promises a compelling educational climate amid vibrant Bronx neighborhoods and iconic landmarks.
- R8X zoning on a 0.26-acre lot provides for up to 75,000 square feet of space for a new state-of-the-art educational institution.
- Secure a long-term lease option, allowing schools to establish a leasehold condo, offering significant real estate tax benefits.
- Accommodate the demand for quality education in New York City with 1.4 million residents in Bronx County, shaping the future at 1942 Grand Concourse.
all available space(1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Condition
- Available
Unique opportunity to lease a brand-new charter school in NYC School District 9.
- Mostly Open Floor Plan Layout
- Central Air and Heating
- GBA can be divided across multiple floors
- Located within NYC School District 9
- High End Trophy Space
- Build-to-suit
- Elevator access
Space | Size | Term | Rental Rate | Space Use | Condition | Available |
1st Floor | 75,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Office | - | July 01, 2026 |
1st Floor
Size |
75,000 SF |
Term |
Negotiable |
Rental Rate |
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request |
Space Use |
Office |
Condition |
- |
Available |
July 01, 2026 |
1st Floor
Size | 75,000 SF |
Term | Negotiable |
Rental Rate | Upon Request |
Space Use | Office |
Condition | - |
Available | July 01, 2026 |
Unique opportunity to lease a brand-new charter school in NYC School District 9.
- Mostly Open Floor Plan Layout
- High End Trophy Space
- Central Air and Heating
- Build-to-suit
- GBA can be divided across multiple floors
- Elevator access
- Located within NYC School District 9
About the Property
Discover the exceptional opportunity to bring to life a cutting-edge charter school at 1942 Grand Concourse, within the heart of New York City. This build-to-suit development introduces a blank canvas for an innovative educational institution in a thriving urban setting. Spanning a generous 0.26-acre lot, 1942 Grand Concourse falls under R8X zoning, allowing for versatile development possibilities. The city has granted permission for the construction of up to 75,000 square feet, providing abundant space to design a state-of-the-art educational facility. With the potential to rise up to 10 stories, schools have the opportunity to lease an iconic structure that harmonizes with the bold city skyline. A long-term lease option provides stability and security for the charter school. This arrangement enables the establishment of a leasehold condo, offering flexibility and control over the space for an extended period. Conveniently located in New York City School District 9, 1942 Grand Concourse would provide a compelling educational environment. District 9's educational hub sits along the western border of the South Bronx, encompassing vibrant neighborhoods such as Claremont, Concourse, Highbridge, Morrisania, Morris Heights, and University Heights. The district boasts landmarks like Yankee Stadium, the Bronx Museum of the Arts, and Richman (Echo) Park. Schools can capitalize on the demand for quality educational facilities in one of the most dynamic cities in the world, with an impressive 1.4 million residents residing within Bronx County. Seize the opportunity to shape the future of education in New York City with this exceptional build-to-suit development at 1942 Grand Concourse.
PROPERTY FACTS FOR 1942 Grand Concourse , Bronx, NY 10457
Property Type | Specialty | Year Built | 2026 |
Property Subtype | Schools | Construction Status | Proposed |
Building Size | 75,000 SF |
Property Type | Specialty |
Property Subtype | Schools |
Building Size | 75,000 SF |
Year Built | 2026 |
Construction Status | Proposed |
Features and Amenities
- Bus Line
- Metro/Subway
- Signage
About Bronx
At the northern tip of Manhattan sits the Bronx, home to Yankee Stadium, the acclaimed Bronx Zoo, the New York Botanical Garden, and even some literary history as the area still houses the cottage where Edgar Allen Poe wrote some of his more interesting works.
More recently, the borough has witnessed a renaissance as younger first-time renters have flocked to the borough amid a construction wave of new product at more affordable price points. With a subway commute time of less than 30 minutes to Midtown Manhattan, the Bronx is easily accessible for employees moving in either direction.
With private sector tenants more focused on the trophy product in Manhattan, the Bronx has been able to carve out a pocket of office demand that centers on cost-conscious industries that serve the community at large. Government tenants like the City of New York, medical companies like Montefiore Medical Center, and nonprofits like the Legal Aid Society, all maintain a notable footprint here.
Nearby Amenities
Restaurants |
|||
---|---|---|---|
Fita's Donuts | Bakery | $ | 2 min walk |
Golden Dragon Restaurant | Chinese | - | 5 min walk |
Kennedy Fried Chicken | Chicken | $ | 4 min walk |
Two Grandpas Pizza | Pizza | - | 5 min walk |
Retail |
||
---|---|---|
Boost Mobile | Wireless Communications | 4 min walk |
T-Mobile | Wireless Communications | 6 min walk |
Bravo Supermarkets | Supermarket | 7 min walk |
Chase Bank | Bank | 7 min walk |
7-Eleven | Convenience Market | 8 min walk |
Hotels |
|
---|---|
Hyatt Place |
166 rooms
13 min drive
|
aloft Hotel |
125 rooms
13 min drive
|
About the Owner
Leasing Agent
Brett Obletz, Director of Acquisitions and Commercial Leasing
Presented by
1942 Grand Concourse
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