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$1,400,000
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Property Description
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.
Full Property Details
Full Property Details for 2540 Davidson Ave
General
- Price: $1,400,000
- Taxes: $7,996
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 1009289
- Updated: 6/29/2026
- Added to Site: 18 day(s) ago
Interior
- Interior Features: First Floor Bedroom, First Floor Full Bath
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 7
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 6
- Parking Features: Driveway, Garage
Location
- County: Bronx County
School Information
- High School District: Bronx 10
- Elementary School: Bronx Stem And Arts Academy
- Middle School: Bronx School Of Young Leaders (The)
- High School: Bronx High School Of Science
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Natural Gas
- Heating Zones: 1
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Brick, Frame
- Basement: Yes
- Basement Desc.: Finished, Full Basement
- Building Size: 3696
- Square Feet: 3,696
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.0901
- Lot Size (Sq. Ft.): 3,924
Financial Considerations
- Taxes Include: Sewer, Trash
- Tax Amount: $7,996
Disclosures and Reports
- Special Conditions: None
- Property ID: 03201-0020
- Block: 3201
- Lot Number: 20
Listed by Locqube New York, Inc.
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Schools
Schools serving 2540 Davidson Ave
School District:New York City Geographic School District 10
| Name | Grades | Distance |
|---|---|---|
Ps 86 Kingsbridge Heights 2756 Reservoir Ave, The Bronx, NY 10468 | PK-5 | 0.3 mi |
Ps 340 25 W 195th St, The Bronx, NY 10468 | K-5 | 0.3 mi |
Ps 246 Poe Center 2641 Grand Concourse, The Bronx, NY 10468 | K-5 | 0.3 mi |
Academy for Personal Leadership and Excellence 120 E 184th St, The Bronx, NY 10468 | 6-8 | 0.4 mi |
East Fordham Academy For The Arts 120 E 184th St, Bronx, NY 10468 | 6-8 | 0.4 mi |
Creston Academy 125 E 181st St, The Bronx, NY 10453 | 6-8 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2540 Davidson Ave
Date
Details
Price
Change
Source
6/26/2026
Listed
$1,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2540 Davidson Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,997
—
$40,608
2%
2025
$7,997
5%
$39,814
5%
2024
$7,597
5%
$37,822
5%
2023
$7,204
5%
$35,868
-33%
2022
$6,873
-3%
$53,460
18%
2021
$7,122
1%
$45,360
3%
2020
$7,023
7%
$44,100
7%
2019
$6,593
15%
$41,400
39%
2017
$5,749
—
$29,890
6%
2017
$5,749
2%
$28,200
—
2016
$5,637
4%
$28,200
2%
2015
$5,406
21%
$27,648
5%
2014
$4,481
12%
$26,265
5%
2013
$3,985
—
$24,909
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2540 Davidson Ave
2540 Davidson Avenue, Bronx, NY 10468 (MLS# 1009289) is a Multi-Family property with 2 units containing 7 bedrooms and 2 full bathrooms. 2540 Davidson Avenue is currently listed for $1,400,000 and was received on June 26, 2026. Want to learn more about 2540 Davidson Avenue? Do you have questions about finding other Multi-Family real estate for sale in Bronx? You can browse all Bronx real estate or contact a Coldwell Banker agent to request more information.

