Bronx Retail Strip For
For Sale
$8,500,000
1480 Westchester Ave, Bronx, NY 10472
Fully occupied retail strip in the Bronx, New York.
Property Size10,000 SF
Lot Size0.23 Acres
Price / SF$850
Days on Market157
Property Features for 1480 Westchester Ave
General Information
Standard status
Active
Size
10,000 SF
Lot size
0.23 Acres
Property subtype
Shopping Strip
Amenities
10,000 SF, 100% occupied corner retail property with eight tenants. 100 feet of prime retail frontage along Westchester Avenue, one of the busiest streets in the Bronx.
All tenants have strong annual increases, and all tenants reimburse for a portion of the real estate taxes. Fully-occupied, stabilized cash flowing Bronx retail asset.
Transit-oriented location two blocks from the subway (6 Train). Site is surrounded by local and national retailers in every direction.
Building Details
Building Size
10,000 SF
Year Built
1935
Listing Agency:
New York City Office
Listed By:
Scott Plasky · License #License(s): NY: 40PL1176852
(212) 430-5229
Source:
Marcusmillichap
Added: Apr 3
Changed: Aug 8
Last Checked: Sep 5 at 3:45AM
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 New York City Office
Investment Insights
Based on property information with market context.
The property is a 10,000 square foot single-story retail strip located at the corner of Westchester Avenue and Evergreen Avenue in the Bronx, New York. The retail property is 100 percent occupied and consists of eight units. It features 100 feet of retail frontage along Westchester Avenue. All tenants have annual increases and reimburse for a share of real estate taxes. The site is located two blocks from the Elder Avenue Subway Station (6 Train). Westchester Avenue features local and national retailers. Neighboring tenants include Bank of America, Food Dynasty, Domino’s, Chase Bank, Rainbow and McDonald’s. The site rests on a 10,000 square foot lot zoned C4-2/R6, which allows for a commercial FAR of 3.4 (34,068 total buildable square feet) and a residential FAR of 2.43 (24,348 total buildable square feet).
Key Highlights
- 100% occupied retail strip with eight units, providing immediate income.
- Located on Westchester Avenue, a high‑traffic retail corridor in the Bronx.
- Strong annual rent increases from all tenants.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,474
Businesses Nearby
289k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 38%
Groceries 30%
Shops & Services 26%
Electronics 3%
Food Bazaar Supermarket
Groceries
50,514 visits/mo
0.5 miles
McDonald's
Dining
35,497 visits/mo
0.4 miles
Fine Fare
Groceries
22,396 visits/mo
0.4 miles
Bank of America
Shops & Services
20,365 visits/mo
0.3 miles
Popeyes Louisiana Kitchen
Dining
18,304 visits/mo
0.4 miles
Demographics for 10472, NY
72,245
Population
24,259
Households
3
Avg Household Size
34
Median Age
14%
College-Educated
69%
High-School Grad
1.1 sq mi
ZIP Area
65,677
Density / Sq Mi
$43,125
Median Household Income
$35,180
Median Earnings
$1,445
Median Rent
$632,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Fully occupied retail strip in the Bronx, New York.
Where is this strip mall located?
The property is located at 1480 Westchester Ave Bronx, NY.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: 100% occupied retail strip with eight units, providing immediate income.; Located on Westchester Avenue, a high‑traffic retail corridor in the Bronx.; Strong annual rent increases from all tenants.
