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    1163 Manor Ave Bronx, NY 10472

    For Sale
    $4,300,000

    Retail - Bronx, NY

    Type:Retail
    Property size:
    8,030 SF
    Days on Market:
    289
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 1163 Manor Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    C4-2
    Rooms
    Basement
    Basement Y/N
    1
    Size
    8,030 SF

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Number of units
    3
    Building materials
    Brick
    Architectural style
    Other

    eXp Realty LLC (888) 276-0630 [email protected], [email protected]

    Listing agent Aaron Ivatorov (888) 276-0630 License #10301222307

    Listing date Feb 20, 2025

    MLS# 826644 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bronx Retail/Medical Investment Opportunity

    This two-story commercial brick building in the Bronx offers opportunities for investors and users. The building has an approximate area of 8,000 square feet, with dimensions of 55 x 72 feet, situated on a lot of 55 x 100 feet. The first floor contains two retail stores, currently configured as an office and a restaurant. The second floor features three medical/office spaces, including shared common areas such as reception areas, waiting areas, bathrooms, stairs, an elevator, and three parking spaces in the back yard. One of the medical spaces, approximately 600 square feet, is available for immediate occupancy. The property is zoned C4-2, which may allow for the addition of approximately 10,000 square feet, potentially increasing the total area to 18,700 square feet. The property is located on Westchester Avenue, near Manor Avenue, and is situated 100 feet from the #6 subway line. The center is fully ADA compliant, featuring a wheelchair ramp, ADA restroom, and elevator.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manor Medical Dentist Ajmera Mukesh H ... Dentist Ramirez Marina DDS Dentist Yves Conte, DDS Dentist Office of Assemblymember Kenny ... Government Office

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.876530943972
    Latitude
    40.8284655

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    FAQs

    What type of property is this?
    Retail space - Two-story commercial building near subway with investment and user potential.
    Where is this retail space located?
    The property is located at 1163 Manor Ave Bronx, NY.
    What is the asking price?
    The asking price for this property is $4,300,000.
    What are key features of this property?
    This property features: - Ideal for investors with a strong 7.4% CAP rate.; - Opportunity to add 10,000sf for a total of 18,700sf (subject to architectural confirmation).; - Includes a 6-room medical space (approximately 600NSF) available for immediate occupancy.
    (888) 276-0630
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    1163 Manor Ave Bronx, NY 10472
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1163 Manor Ave Bronx, NY 10472
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