3530 Mickle Ave The Bronx, NY 10469

This exceptional 17,000 square foot retail property, situated on a 0.39-acre lot at 3530 Mickle Ave in the Bronx, NY, presents a lucrative investment opportunity. The building boasts 28 individual units, each equipped with modern amenities including all stainless steel appliances and energy-efficient Mitsubishi AC/heating units. Further enhancing tenant comfort and security are digital video intercom systems and comprehensive interior and exterior surveillance cameras. The building is entirely electric, eliminating gas costs, and features 28 individual hot water tanks. A convenient studio super unit is also included. Ample parking is provided with 24 outdoor spaces. The building dimensions measure 185 feet by 100 feet. Significant tax advantages are available through the existing 421a tax abatement. All utilities are the responsibility of the tenants, minimizing operational expenses for the owner. This property generates rental income, making it an attractive option for investors seeking a strong return on investment in a vibrant Bronx location. The asking price is $11,500,000. This is a rare opportunity to acquire a well-maintained, income-producing retail building with substantial upside potential. The property's features, combined with its strategic location and existing tax benefits, position it for continued success and strong cash flow.