3535-3539 Riverdale Ave - Storefront FOR SALE


Bronx, NY 10463- Riverdale
$1,248,285 USD
781-776-4003
3535-3539 Riverdale Ave, Bronx, NY for Sale
$1,248,285 USD
Storefront - FOR SALE
1/7
null | 5.92% Cap Rate

3535-3539 Riverdale Ave
Bronx, NY 10463
Riverdale


HIGHLIGHTS

  • Lease Terms & Site Commitment
  • Attractive Rent Increases
  • Strategic Location
  • Transit Oriented Location
  • Exceptional Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the investment property located at 3535-3539 Riverdale Avenue in the Riverdale neighborhood of the Bronx, New York (the “Property”). The Property consists of a fully occupied, three-tenant retail storefront with 2,450 square feet of space on a 0.07-acre parcel. 3535-3539 Riverdale Avenue is situated in an incredible urban-infill location on the primary commercial roadway in the Riverdale neighborhood of the Bronx. The Property is next to the signalized intersection of Riverdale Avenue and West 236th Street and benefits from prominent visibility and frontage on Riverdale Avenue. The immediate area offers an eclectic mix of local businesses and services, surrounded by densely populated residential areas that provide a robust consumer base. Public transportation is conveniently available with a bus stop directly in front of the Property and subway service just half a mile away at the 238th Street Station. An extensive array of shopping opportunities and attractions are available half a mile from the Property on Broadway in the Kingsbridge neighborhood, punctuated by Riverdale Crossing, a premiere shopping center anchored by BJ’s Wholesale Club. The Broadway trade corridor features several grocery stores, major national retailers, and numerous entertainment and service amenities

FOR SALE DETAILS

PRICE

$1,248,285 USD

PRICE/SF

$510 USD /SF

CAP RATE

5.92%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Robert HorvathHorvath & TremblayMore Info
781-776-4003

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Robert HorvathHorvath & TremblayMore Info
781-776-4003

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.