BEDS0
BATHS
MLS#1009289
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLBronx 10
Property Description
Exceptional development opportunity in the vibrant heart of Fordham, Bronx. This 2-family residence, built in 1920, sits on a 3,924 sq ft lot with 3,696 sq ft of building space. The property's R6 zoning designation unlocks significant development potential for residential expansion and redevelopment.**Welcome to Fordham - Where Community Thrives**Fordham is a dynamic, welcoming neighborhood that pulses with authentic energy and cultural richness. Anchored by historic Fordham University, this beloved community features tree-lined streets, charming pre-war brownstones, and a wonderful mix of architectural character. The neighborhood radiates with life - from diverse local restaurants and shops along the bustling Fordham Road corridor to the natural beauty of the NY Botanical Garden and Bronx Zoo nearby.What makes Fordham special is its strong sense of community. Year-round festivals, cultural celebrations, and neighborhood institutions create a warm, inclusive atmosphere where families, young professionals, and longtime residents thrive together. The area is experiencing exciting growth - projected to add nearly 1,000 new households over the next 5 years - signaling strong confidence in the neighborhood's future.**Smart Investment Fundamentals:**The numbers back up the neighborhood's appeal. With a robust rental market (median rent $1,384/month), 97% renter-occupied housing, and steady population growth of 4.5% over 5 years, this is a neighborhood on the rise. Strategic location near major employers, universities, and attractions ensures consistent demand.**Development Highlights:** R6 Zoning - Maximum development flexibility and residential potential Strong Rental Market - Proven demand with 97% renter-occupied housing Population Growth - 4.5% projected 5-year increase to 62,682 residents Vibrant Community - Cultural diversity, local businesses, and strong institutions Strategic Location - Near Fordham University, NY Botanical Garden, Bronx Zoo 3,924 sq ft Lot - Excellent for redevelopment and expansionPerfect for developers, investors, and builders seeking strategic growth opportunities in a thriving, welcoming community. This property represents a compelling entry point for residential development in Fordham's vibrant and rapidly appreciating market.
Property Features
Property Type: Multi Unit - Multiple
Basement: Finished, Full
Basement: Yes
Cooling: Wall/Window Unit(s)
Garage: 1
Heating: Natural Gas
Lot Size: 0.09 Acres
Taxes: $7,996
Year Built: 1920
Amenities
First Floor Bedroom
First Floor Full Bath
Feature Descriptions
Building Area Total: 3696
Exterior: Brick, Frame
Flooring: Hardwood
GarageY/N: Yes
Heating Units: 1
Heating Zones: 1
Included In Taxes: Sewer, Trash
On Market Date: 2026-06-26
Parcel Number: 03201-0020
Parking Features: Driveway, Garage
Parking Total: 6
Rental Term: Monthly
Separate Electric Meters: 3
Separate Gas Meters: 3
Sewer: Public Sewer
Units: 2
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public
Local Schools
High School: Bronx High School Of Science
Middle School: Bronx School Of Young Leaders (The)
Elementary School: Bronx Stem And Arts Academy
School District: Bronx 10
Estimate Your Payment
Estimated Payment
$ 8,153.83 per month $7,079.16 Principal & Interest $666.33 Property Tax $408.33 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: Locqube New York, Inc.
Agency Phone: 347-657-1114
Shown By
Agent Name: Douglas 'Doug' Boehning
Agent Phone: Cell: (516) 782-3828
Agency Title: Coldwell Banker American Homes
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2540 Davidson Avenue | MLS# 1009289
This multi-family property located at 2540 Davidson Avenue , Bronx, NY 10468 is currently listed for sale with an asking price of $1,400,000. Davidson Avenue is located within the Bronx 10 school district. Search Bronx real estate on dboehning.cbamhomes.com today.