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    2922 3Rd Ave Bronx, NY 10455

    For Sale
    $11,950,000

    Retail and office building in the South Bronx.

    Property size:
    44,610 SF
    Lot size:
    0.17 Acres

    Property Features for 2922 3Rd Ave

    General Information

    Size
    44,610 SF
    Lot size
    0.17 Acres

    Source: Kassin Sabbagh Realty (KSR) Agent Ezra Falack

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bronx Retail and Office Building

    Located at the corner of Third Avenue and 152nd Street in the Bronx, this retail and office building offers a total area of 44,610 square feet on a 7,450 square foot lot. The property features retail spaces on the lower level, ground floor, and second floor. Situated in the South Bronx along the Third Avenue corridor, the location benefits from average daily traffic exceeding 12,000 vehicles. The area is home to national retailers, including Foot Locker, ALDI, FIVE Below, Marshalls, GNC, Burlington, and Home Goods, as well as quick-service restaurants. The property is located near the 3 Avenue-149 Street subway station with access to the 2 and 5 lines.
    Insight Report Location Intelligence

    Current Use by Public Records

    YOUNGLAND STORES Children'S Clothing Store Kid City Department ... Women'S Clothing Store

    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
    -73.91548
    Latitude
    40.817269

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    FAQs

    What type of property is this?
    Retail space - Retail and office building in the South Bronx.
    Where is this retail space located?
    The property is located at 2922 3Rd Ave Bronx, NY.
    What is the asking price?
    The asking price for this property is $11,950,000.
    What are key features of this property?
    This property features: - High-traffic location on Third Avenue with over 12,000 vehicles daily.; - Sizeable building with **44,610 square feet** on a 7,450 square foot lot.; - Located in the South Bronx, a vibrant and bustling commercial area.
    (212) 417-9217
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    2922 3Rd Ave Bronx, NY 10455
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    Bronx, NY 10455
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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
    2922 3Rd Ave Bronx, NY 10455
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