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878 Brook Ave
Bronx, NY 10451
Vacant Former Bronx Borough Courthouse · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Beaux-style architecture
- Fully vacant | 9 stories
- Brand new roughing for high-end plumbing, mechanical, & electric
- Opportunity zone | School district 7
- 2 elevators and 2 staircases | Grand lobby
- Federal and State Tax credits for purchaser
EXECUTIVE SUMMARY
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.
Highlights:
- 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
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.
Highlights:
- 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
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Building Size
130,000 SF
Building Class
A
Year Built/Renovated
1935/1938
Percent Leased
Vacant
Tenancy
Multiple
Building Height
9 Stories
Typical Floor Size
14,444 SF
Slab To Slab
12’
Building FAR
2.98
Lot Size
1.00 AC
Opportunity Zone
Yes
Zoning
C4-4 - 6.5 FAR for Community Facility
AMENITIES
- Bus Line
- Basement
- Central Heating
- High Ceilings
- Natural Light
- Open-Plan
PROPERTY TAXES
| Parcel Number | 02365-0035 | Improvements Assessment | $1,866,300 |
| Land Assessment | $329,850 | Total Assessment | $2,196,150 |
PROPERTY TAXES
Parcel Number
02365-0035
Land Assessment
$329,850
Improvements Assessment
$1,866,300
Total Assessment
$2,196,150
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