NEW YORK – ABS Partners Real Estate has been retained to lead marketing efforts for 40 Bruckner Boulevard, an Opportunity Zone development site in the South Bronx. The firm will advise the property owners, a long-term family partnership, and assist with monetizing the asset by identifying a developer and structuring a long-term ground lease.
The 250,000-square-foot site, located in the Mott Haven neighborhood of the South Bronx, consists of several low-rise, currently vacant buildings. The site offers flexible zoning, allowing for residential, commercial, industrial or community facility use, and is serviced by the 2, 4, 5 and 6 trains.
