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ERG Property Advisors Announces the Exclusive Availibility of a Development Site with Approved Plans

Bronx, New York – March 4, 2015 – ERG Property Advisors is pleased to announce the availability of 2556 Briggs Avenue and 267 Coles Lane in the Bronx.

Located in the prime retail/commercial corridor of the Fordham neighborhood, the subject is an assemblage of 2 tax lots. The owner has approved plans for a 147 car parking garage which will make it the biggest parking garage in the Fordham area.

This is a great opportunity for a developer or owner/user to get into a fast changing neighborhood. Zoning allows over 22,000+ square feet of residential development.

The premise is located within 3 blocks from the B and D subway lines and within 4 blocks from the Fordham Metro-North Railroad Station.
Matthew Murphy is representing the seller. The asking price is $1,500,000.
For more information about this property, please contact Matthew Murphy at (646) 253-0962 or

About ERG Property Advisors
ERG Property Advisors is a full-service commercial brokerage company based in New York City. Our core activities are investment sales, mortgage brokerage and direct capital services. While focused on the broader New York City area as a company, ERG also offers specific market knowledge at the submarket level. Beyond core New York City properties, ERG’s Retail Division specialize in the disposition of commercial investment real estate property nationally with a focus on freestanding Net-Lease properties. In addition to assisting property owners and prospective buyers, ERG provides banks, appraisers, attorneys, and accountants with information and skill sets that support them in their respective roles. Through strategic alliances with select companies we are able to offer our clients access to mortgage brokerage, direct capital services and investment sales brokerage. Visit for recent deals and press coverage.

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