- Retail building consisting of three units.
- The three retail units are fully occupied & income producing.
- Property is located between Mott Haven & Hunts Point neighborhoods.
- Property has major future re-development as there is over 22,000 square feet of unused square footage.
- Property is located near E 149th Street [6] Train Station.
- Price ~ $5,200,000
- Cap Rate ~ 4.2%
Southern Boulevard Bronx, NY 10455
$5,200,000.00
Details
- Retail building consisting of three units.
- The three retail units are fully occupied & income producing.
- Property is located between Mott Haven & Hunts Point neighborhoods.
- Property has major future re-development as there is over 22,000 square feet of unused square footage.
- Property is located near E 149th Street [6] Train Station.
- Price ~ $5,200,000
- Cap Rate ~ 4.2%
Additional Information
| Asset Type | Retail |
|---|---|
| City | Bronx |
| Neighborhood | Longwood |
| Broker | Mike Sezan |
| Price | $5,200,000 |
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Development Opportunity on West 128th St. Vacant Lot
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Property is currently 100% leased
Strong retail corridor with heavy foot and car traffic on both sides of the streets
All tenants have 3% annual rental increases -
Total Built: 51,000 SF. Total Buildable: 105.144 SF. Tenants pay for their own utilities and gas. Property is near major highways and roads and multiple local & express buses. Property is walking distance to the 7 train
