Large Commercial Property in
For Sale
$2,500,000
1074 Hall Pl The, Bronx, NY 10459
Four-story commercial property with open space and tire shop.
Property Size8,000 SF
Price / SF$312.50
Days on Market100
Property Features for 1074 Hall Pl The
General Information
Standard status
Active
Size
8,000 SF
Property subtype
Commercial
Listing Agency:
Nareema Baksh Real Estate
(917) 418-6539
Listed By:
James Price
(917) 418-6539
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Aug 1 at 4:32AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nareema Baksh Real Estate
Investment Insights
Based on property information with market context.
The commercial property at 1074 Hall Place, also known as 1077 Intervale Ave, features four floors with over 8000 square feet of open space. The property includes a spacious tire shop. Zoned R7, this building presents opportunities for investors and developers. The location has a bike score of 78, indicating it is very bikeable. The walk score is 92, designating it as a walker's paradise, and the transit score is 100, classifying it as a rider's paradise. The property uses oil for above-ground heating.
Key Highlights
- Rider's Paradise: Transit Score of 100 indicates exceptional public transportation access.
- Walker's Paradise: Walk Score of 92 suggests most errands can be accomplished on foot.
- Substantial Size: Over 8000 sq ft of open space across 4 floors.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $268.8k | $33.60 |
| − Vacancy | −$28.2k | −$3.53 |
| EGI | $240.6k | $30.07 |
| − OpEx | −$72.2k | −$9.02 |
| NOI | $168.4k | $21.05 |
8,000 SF · lease $33.60/SF/yr · vacancy 10.50% · expense 30.00%
Alternative Uses
Best Use
Industrial
$4.57M
$3.99M – $5.33M
NOI $319,563 @ 7.0% cap · market cap 12.78%
Second Best
Retail
$2.41M
$2.11M – $2.81M
NOI $168,403 @ 7.0% cap · market cap 6.74%
Theoretical Best
Warehouse
$5.54M
$4.85M – $6.47M
NOI $388,041 @ 7.0% cap · market cap 15.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,803
Businesses Nearby
191k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 40%
Dining 26%
Groceries 22%
Electronics 6%
Western Beef
Groceries
23,969 visits/mo
0.1 miles
White Castle
Dining
21,075 visits/mo
0.3 miles
Chase Bank
Shops & Services
19,865 visits/mo
0.3 miles
BP
Shops & Services
17,603 visits/mo
0.3 miles
BP
Shops & Services
16,221 visits/mo
0.5 miles
Demographics for 10459, NY
50,984
Population
18,678
Households
2.7
Avg Household Size
34
Median Age
14%
College-Educated
68%
High-School Grad
0.8 sq mi
ZIP Area
63,730
Density / Sq Mi
$39,276
Median Household Income
$30,200
Median Earnings
$1,285
Median Rent
$589,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Rob & Bri Island Breeze Clean — 720 Westchester Ave, Bronx, NY 10455
- Roadside Alert
- Citywide Commercial Window Tinting
- J & A Auto Towing
- Bronx Quick towing
Frequently Asked Questions
What type of property is this?
Auto shop - Four-story commercial property with open space and tire shop.
Where is this auto shop located?
The property is located at 1074 Hall Pl The Bronx, NY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Rider's Paradise: Transit Score of 100 indicates exceptional public transportation access.; Walker's Paradise: Walk Score of 92 suggests most errands can be accomplished on foot.; Substantial Size: Over 8000 sq ft of open space across 4 floors.
