2540 Davidson Avenue, Bronx, NY 10468
Local realty services provided by:CENTURY 21 Monticello Realty
2540 Davidson Avenue,Bronx, NY 10468
$1,400,000
- 7 Beds
- 2 Baths
- 3,696 sq. ft.
- Multi-family
- Active
Listed by: al morrobel
Office: locqube new york, inc.
MLS#:1009289
Source:OneKey MLS
Price summary
- Price:$1,400,000
- Price per sq. ft.:$378.79
About this home
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 expansion
Perfect 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....
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Home facts
- Year built:1920
- Listing ID #:1009289
- Added:4 day(s) ago
- Updated:July 01, 2026 at 11:17 AM
Rooms and interior
- Bedrooms:7
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Hardwood
- Bedroom Description:First Floor Bedroom
- Basement:Yes
- Basement Description:Finished, Full
- Living area:3,696 sq. ft.
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1920
- Building area:3,696 sq. ft.
- Lot area:0.09 Acres
- Construction Materials:Brick, Frame
Schools
- High school:Bronx High School Of Science
- Middle school:Bronx School Of Young Leaders (The)
- Elementary school:Bronx Stem And Arts Academy
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,400,000
- Price per sq. ft.:$378.79
- Tax amount:$7,996 (2025)
Parking
- Total parking spaces:6
- Parking description:Driveway, Garage
- Garage:Yes
- Garage spaces:1
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