598 Grand Concourse - Storefront Retail/Office FOR SALE


Bronx, NY 10451
$2,350,000 USD
516-393-2300
598 Grand Concourse, Bronx, NY for Sale
$2,350,000 USD
Storefront Retail/Office - FOR SALE
1/4
null | 6.78% Cap Rate

598 Grand Concourse
Bronx, NY 10451


HIGHLIGHTS

  • For Sale: 4-Story Mixed-Use Building Consisting of Commercial and Residential Units
  • Zoned for C4-4, Bronx, (O9)
  • Restaurant Tenant Pays for Water and Sewer, All Tenants Pay for Electric and Heat
  • Located Within Walking Distance to the 149 St - Grand Concourse Subway Station
  • Surrounded by Various Neighborhood Retail and Amenities such as McDonald's, Chinese Restaurant, Italian Restaurant, Clothing Stores, Schools, & More

OVERVIEW

At this location is a 4-story mixed-use building composed of commercial and residential units. The building is zoned for C4-4, Bronx, (O9) and is currently fully-occupied. The restaurant tenant pays for the water and sewer expenses and all of the tenants pay for the electric and heat expenses.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$401 USD /SF

CAP RATE

6.78%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1929

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

C4-4, Bronx, (O9)

APN/PARCEL ID

02443-0042

ASK ABOUT THIS PROPERTY

Ron KoenigsbergAmerican Investment Properties, Inc.More Info
516-393-2300

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Ron KoenigsbergAmerican Investment Properties, Inc.More Info
516-393-2300

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