540 Concord Ave, Bronx, NY 10455
Auction Date: December 21, 2021 at 2:00 PM
Rosewood Realty Group has been exclusively engaged in the Chapter 7 Bankruptcy sale of all Debtor’s right, title and interest in and to Debtor’s combined 100% limited liability company membership interest in Mel Service Inc., (collectively, the “Collateral”), the owner of the property, to the highest qualified bidder at a public (online) auction.
540 Concord Avenue is a mixed-use property in the highly desirable Mott Haven neighborhood of the Bronx. The 6-story walkup is 100% occupied and comprised of 32 residential units and 6 commercial units. Approximately, 24,790 square feet on a 100’ x 80’ lot, the asset is in an R7-1 zone with a C2-4 commercial overlay. The property is blocks from the 4 and 6 New York City subway lines, offering easy accessibility both into Manhattan and to the Hudson Valley.
6 story, mixed-use asset • 32 residential units, 6 retail units • 24,790 SF on a 100’ x 80’ lot • Located on the corner of 149th Street & Concord Avenue • Surrounded by a variety of transportation options • 25 minutes to Grand Central Station