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    421-423 Hunts Point Ave, Unit The Bronx, NY 10474

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    For Sale
    $3,350,000

    Corner property suitable for end-users or future development.

    Lot size:
    0.26 Acres

    Property Features for 421-423 Hunts Point Ave

    General Information

    Lot size
    0.26 Acres

    Building Details

    Year built
    1931

    Source: Realty Executives Today Agent Stephanos Lagoudis

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

    Overview

    Corner Property, Development Potential

    This corner property, formerly a banking facility, presents an opportunity for end-users or future development. The property is currently divided into two sections available for lease, providing flexibility for various uses. The property's zoning allows for both commercial and community facility use, making it suitable for investors or businesses seeking to capitalize on its location and space.
    Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.881143
    Latitude
    40.809636

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    FAQs

    What type of property is this?
    Bank - Corner property suitable for end-users or future development.
    Where is this bank located?
    The property is located at 421-423 Hunts Point Ave, Unit The Bronx, NY.
    What is the asking price?
    The asking price for this property is $3,350,000.
    What are key features of this property?
    This property features: - Prime corner property with high visibility.; - Flexible zoning with generous FAR for commercial and community facility use.; - Suitable for end-users or future development.
    (718) 274-2400
    Request Owner's contact information
    421-423 Hunts Point Ave, Unit The Bronx, NY 10474
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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
    421-423 Hunts Point Ave, Unit The Bronx, NY 10474
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