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    318 W 231 St Unit, Unit GROUND Bronx, NY 10463

    New
    For Sale
    $120,000

    SINGLE_FAMILY - Bronx, NY

    Type:Retail
    Days on Market:
    1
    Last Refresh:
    Dec 8 at 5:06 pm

    Property Features for 318 W 231 St Unit

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Rooms
    Basement
    Basement
    Full

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Natural Gas
    Cooling system
    Wall/Window Unit(s), Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1930

    EXIT REALTY PRIME (718) 262-0205 [email protected]

    Listing agent Mohammed Rahman

    Listing date Dec 8, 2025

    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

    Riverdale Restaurant Business For Sale

    A restaurant business is available for purchase in Riverdale, Bronx. The property is a Thai and Indian dine-in and take-out restaurant. The ground floor space measures 1000 square feet and accommodates 15 diners. The existing lease has 8 years remaining, with a monthly rent of $4700. A finished basement is included for storage. The location benefits from heavy foot traffic and good visibility, situated near a school, a healthcare facility, and a bus stop.
    Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Similar Places Nearby

    EASTERN HARVEST CATERING, Alfajores Uriel, Barcaterny, Mykichenflavor

    Map

    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.9053
    Latitude
    40.8822

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    FAQs

    What type of property is this?
    Restaurant - Turn-key Thai and Indian restaurant in the Bronx for sale.
    Where is this restaurant located?
    The property is located at 318 W 231 St Unit, Unit GROUND Bronx, NY.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: - Excellent location with heavy foot traffic, near a school, health care facility, and bus stop.; - Established Thai and Indian restaurant business with dine-in and take-out service.; - Existing lease with 8 years remaining.
    (347) 279-1096
    Request Owner's contact information
    318 W 231 St Unit, Unit GROUND Bronx, NY 10463
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    Bronx, NY 10463
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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
    318 W 231 St Unit, Unit GROUND Bronx, NY 10463
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