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304-312 E 204th St The Bronx, NY 10467

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For Sale
$9,950,000

Fully leased NNN retail asset in a high-traffic location.

Type:Commercial
Property size:
8,000 SF
Lot size:
0.18 Acres
Added:
Apr 15, 2026
Days on Market:
2
Last Refresh:
Apr 10 at 9:04 am

Property Features for 304-312 E 204th St The

General Information

Standard status
Active
Size
8,000 SF
Lot size
0.18 Acres
Property subtype
Commercial

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Listing Contact
Michael Frontera
Michael Frontera

Listing agent Michael Frontera License #10301213507

Listing office Douglas Elliman of NJ LLC

Listing date Apr 15, 2026

Source Elliman

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 Douglas Elliman of NJ LLC


Overview

Fully Leased Retail Asset Bronx

Located in the Norwood retail corridor, this fully leased NNN retail asset at 304–312 East 204th Street in the Bronx offers a rare investment opportunity. The one-story commercial property spans 7,500 square feet on a 75’ x 100’ lot and features four established retail tenants. The property generates $43,632 per month ($523,584 annually) in gross rental income under a triple-net (NNN) structure, where tenants cover taxes, insurance, and maintenance. Current tenants include T-Mobile (lease through 1/31/31), Capitol Diner (lease through 9/30/34), Guac Times (lease through 11/13/35), and Therapy Care (lease through 7/31/33). All leases provide long-term stability with contractual increases. The property is positioned just off Webster Avenue, benefiting from strong pedestrian and vehicular traffic, excellent subway and bus connectivity, and an established neighborhood retail corridor. The building was built in 1921. The location has a walk score of 81, a bike score of 71, and a transit score of 100. The zoning is R5D, C1-4, a medium-density district with a height limit of 40 feet. There is another 7,500 SF buildable as of right.
Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

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Location Insight

  • Map
  • Local Demand
City
Bronx
County
Bronx
State
New York
Longitude
-73.878517
Latitude
40.872534

FAQs

What type of property is this?
Storefront property - Fully leased NNN retail asset in a high-traffic location.
Where is this storefront property located?
The property is located at 304-312 E 204th St The Bronx, NY.
What is the asking price?
The asking price for this property is $9,950,000.
What are key features of this property?
This property features: Fully leased NNN asset generating over $500,000 annually with minimal landlord responsibilities.; Long‑term leases in place with contractual rent increases, ensuring predictable income growth.; Located in the heart of the Norwood retail corridor, a densely populated and consistently active neighborhood in the Bronx.
More about this property
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