3493 Jerome Ave - Storefront FOR SALE
Bronx, NY 10467 |
3493 Jerome Ave
Bronx, NY 10467
HIGHLIGHTS
- Corporate Credit Tenant – Successful Operation at Subject Property Since 2009
- Below Average Trade Area Rent Due to Pandemic with Ability to Immediately Increase (Contact Agent for Details)
- Larger Space – Accommodates Social Distancing or Multiple Tenants -
- Strong Demographics and Traffic – 101,000++ People w/ $57,000+ Average HHI in One-Mile - Visible to 31,700+ Vehicles and Transit Riders
- High Barrier to Entry Commercial Corridor and General Trade Area – Half-Mile from Major Demand Drivers and Scarce Outdoor Amenities
- Future Development Upside – Zoned for Up to 17,000 Additional Square Foot of Apartments
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Rainbow - Corp. Abs. NNN - Under Market Rent
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
ADD'L SUBTYPES
Freestanding, Storefront Retail/Residential, Department Store
TOTAL BUILDING SIZE
5000
STORIES
1
YEAR BUILT
1947
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
03324-0144
