451 E Tremont Ave - Storefront Retail/Office FOR SALE


Bronx, NY 10457
$1,299,000 USD
786-338-5938
451 E Tremont Ave, Bronx, NY for Sale
$1,299,000 USD
Storefront Retail/Office - FOR SALE
1/5
null | Request Cap Rate

451 E Tremont Ave
Bronx, NY 10457


OVERVIEW

This property offers a prime development opportunity in a high-traffic location, with a building size of 2,500 SF and a lot size of 2,581 SF (25' x 103'). Zoned C4-5X, the site allows for both commercial and residential development, with up to 12,905 buildable square feet (BSF) permitted with inclusionary housing. Currently utilized as a retail store, the property presents excellent potential for redevelopment or continued retail use. Conveniently located with easy access to the Cross Bronx Expressway (I-95), it is just one block from the Tremont Metro North Station, providing a quick 20-minute train ride to Grand Central. Additionally, it is two blocks from a bus stop and close to multiple retailers. Annual taxes are $13,880. With its versatile zoning and strategic location, this property is ideal for investors and developers looking to capitalize on the area's growth.

FOR SALE DETAILS

PRICE

$1,299,000 USD

PRICE/SF

$520 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

C4-5X

APN/PARCEL ID

03034-0054

ASK ABOUT THIS PROPERTY

Daniel InnocencioSouth Bronx Commercial Real EstateMore Info
786-338-5938

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Daniel InnocencioSouth Bronx Commercial Real EstateMore Info
786-338-5938

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