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    408 East 138Th St Bronx, NY 10454

    For Sale
    $2,799,000

    Mixed Use - Bronx, NY

    Type:Mixed Use
    Property size:
    8,328 SF
    Lot size:
    0.04 Acres
    Days on Market:
    187
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 408 East 138Th St

    General Information

    Property type
    Other
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    R6
    Size
    8,328 SF
    Lot size
    0.04 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1931
    Floors in Building
    5
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    Momentum Real Estate LLC (718) 382-0001

    Listing agent Guang Qing (King) Lin (718) 382-0001

    Listing date Jun 2, 2025

    MLS# 475057 Listing URL

    Copyright © 2025 Brooklyn New York Multiple Listing Service. 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 Mixed-Use Corner Building

    Located in the South Bronx, a few blocks from the Willis Avenue Bridge to Manhattan, this semi-detached corner brick building is situated on a busy, high-traffic corner of Willis Avenue and East 138th Street. The property is a mixed-use building containing 8 family units and 3 store units. The building size is 25x70. The property is located in a desirable Bronx location, surrounded by transportation options, including subway and bus lines, and thriving businesses. The lot size is approximately 0.04 acres, and the property size is 8,328 square feet. The zoning is R6. The property is located on East 138th Street in the Bronx.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Willis Grocery And Deli ... Grocery Store L R barbershop Barber Shop

    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
    -73.922718
    Latitude
    40.808841

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with retail and residential units in prime location.
    Where is this mixed-use property located?
    The property is located at 408 East 138Th St Bronx, NY.
    What is the asking price?
    The asking price for this property is $2,799,000.
    What are key features of this property?
    This property features: - Prime corner location at the intersection of Willis Ave and E 138th St with high traffic.; - Mixed-use building featuring 8 apartments and 3 stores.; - Large building size (25x70).
    (718) 382-0001
    Request Owner's contact information
    408 East 138Th St Bronx, NY 10454
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    Bronx, NY 10454
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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
    408 East 138Th St Bronx, NY 10454
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