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2540 Davidson Avenue, 
Bronx, NY 10468

$1,400,000


7

Beds


2

Baths


3,696

Sq Ft


Multi-Family

Active

Listed by

Al Morrobel

Locqube New York, Inc.

Last updated:

September 16, 2026, 10:58 AM

MLS#

1009289

Source:

OneKey MLS

About This Home

2540 Davidson Avenue

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.

Home Facts

Multi-Family

2 Baths

7 Bedrooms

Built in 1920

Price Summary

1,400,000

$378 per Sq. Ft.

MLS #:

1009289

Last Updated:

September 16, 2026, 10:58 AM

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2


Structure

Structure

Building Area:

3,696 Sq. Ft.

Year Built:

1920


Lot

Lot Size (Sq. Ft):

3,924


Finances & Disclosures

Finances

Price:

$1,400,000

Price per Sq. Ft:

$378 per Sq. Ft.

Source:OneKey MLS
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.