Listing Agency: s***@gmail.com Show Phone

Listed By: Maurice A. Banton · License #10401219592 Show Phone

Source: Elliman

Added: Apr 24 Changed: Jul 10 Last Checked: Aug 11 at 7:42AM

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Investment Insights

Based on property information with market context.

This commercial space offers 4900 square feet and is situated in an active shopping plaza in the North East Bronx. The location is suitable for a bank, a UPS store, or a phone store. The property benefits from high foot traffic. This is a NNN Lease and the owner prefers a single tenant.

Key Highlights

• High foot traffic location in the busy Shop‑well Plaza in the North East Bronx.
• 4900 sq ft commercial space** suitable for various businesses.
• Excellent transit score of 81.

Property Analytics

Property Profile

Current Use

Banks

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Restaurant Dental Office Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

1,308

Businesses Nearby

167k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 40% Shops & Services 36% Groceries 21% Hotels & Casinos 2%

McDonald's Dining

36,983 visits/mo 0.2 miles

Stop & Shop Groceries

35,591 visits/mo 0.4 miles

Shell Shops & Services

19,790 visits/mo 0.2 miles

Dunkin' Donuts Dining

17,452 visits/mo 0.1 miles

Shell Shops & Services

16,012 visits/mo 0.3 miles

Demographics for 10475, NY

42,609

Population

19,333

Households

2.2

Avg Household Size

49

Median Age

28%

College-Educated

86%

High-School Grad

1.2 sq mi

ZIP Area

35,508

Density / Sq Mi

$62,383

Median Household Income

$46,476

Median Earnings

$1,221

Median Rent

$31,900

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Bank - 4900 sq ft commercial space in active shopping plaza.

Where is this bank located?

The property is located at 4018C BOSTON Rd The Bronx, NY.

What is the lease rate?

The lease rate is $4,000/Mo.

What are key features of this property?

This property features: High foot traffic location in the busy Shop‑well Plaza in the North East Bronx.; 4900 sq ft commercial space** suitable for various businesses.; Excellent transit score of 81.