ABS Partners and Majora Carter Bringing 4,500 Square Feet of Retail Space to Hunts Point

A former rail station is being redeveloped as a destination retail space in the Hunts Point neighborhood of the South Bronx. ABS Partners Real Estate was tapped to exclusively market and lease the 4,500-square- foot property at 910 Hunts Point Avenue. The redevelopment project, to be completed in the third quarter of 2017, is being led by Slayton Ventures and Majora Carter, an urban revitalization strategy consultant and real estate developer who acquired the building from Amtrak in 2016.

“The time is right to create economic transformation that leverages where the community can go from here, and I am proud to get behind this deal,” said Carter.

The project, known as the Hunts Point Railway Station Redevelopment, will present an opportunity for one or multiple specialty food retailers to enter the neighborhood where thousands of people live and work.

“The South Bronx is on the cusp of a major revitalization period. More developers are beginning to recognize the opportunity for both commercial and residential development in the area, creating a definitive need for more retailers to enter the market,” said John Brod, a partner at ABS Partners Real Estate. “910 Hunts Point Avenue offers a well-trafficked opportunity for a retailer to capture this growing market, which is grossly underserved in many regards. The property sits on the corner of Bruckner Boulevard, where thousands walk by every day to and from the nearby 6 Local, 6 Express, 2 and 5 trains.”

For leasing inquiries, contact John Brod at (212) 400-9521 // jbrod@absre.com or Joseph Italiaander at (212) 400-9517 //jitaliaander@absre.com.

About ABS Partners Real Estate

ABS Partners Real Estate, LLC is a premier New York-based real estate services firm. Founded by industry leaders, ABS has assembled a dynamic team of professionals with expertise in all facets of real estate services, including owner-advisory services, leasing, sales and property management. ABS also specializes in land use and ground lease consultation, the transfer of development rights, fractional ownership valuation, FAR valuation, and services specifically related to the issues faced by families holding real estate for multiple generations over. In addition to its service-related activities, the Principals of ABS are actively engaged in partnerships to own real estate. Brokers at ABS have the opportunity to participate in those partnerships. The founders of the firm believe that by owning real estate the members of the firm are better able to serve its clients by gaining a deeper, first-hand understanding of the needs of property owners.