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.