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Vacant Mixed-Use Bronx Opportunity
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128 Alexander Ave, New York City, NY 10454

Value-add opportunity in Mott Haven with residential and commercial components.

Property Size5,489 SF
Price / SF$291.49
Days on Market138

Property Features for 128 Alexander Ave

General Information

Standard status Active
Size 5,489 SF
Property subtype Mixed Use, Multifamily
Zoning M1-2 / R6A
Investment Type Value Add
Net Operating Income $134,810

Building Details

Year Built 1915
Buildings 1
Stories 4
Units 4
Listing Agency: RIPCO Real Estate
Listed By: Mitchel Flaherty · License #NY
Source: Crexi
Added: Mar 27 Changed: Aug 9 Last Checked: Aug 8 at 10:12AM

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 RIPCO Real Estate

Investment Insights

Based on property information with market context.

This mixed-use property is located on Alexander Avenue in Mott Haven, Bronx, New York. The property is currently vacant, presenting a value-add opportunity through lease-up of the residential and commercial components at market rents. The property has a size of 5489 square feet. The zoning is M1-2 and R6A, offering long-term flexibility in a neighborhood experiencing continued commercial and residential demand. The location benefits from proximity to the Bruckner Expressway, Major Deegan Expressway, and the South Bronx waterfront.

Key Highlights

  • Delivered fully vacant, presenting a value‑add opportunity.
  • Opportunity to lease‑up both residential and commercial components at market rents.
  • Zoning is M1‑2 and R6A, offering long‑term flexibility.

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Acupuncture Computer & Electronic Repair Carpet & Flooring Store Veterinary Clinic

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

Location Intelligence

Trade Area within ½ mile

4,083
Businesses Nearby

Demographics for 10454, NY

40,232
Population
15,397
Households
2.6
Avg Household Size
33
Median Age
14%
College-Educated
62%
High-School Grad
1.1 sq mi
ZIP Area
36,575
Density / Sq Mi
$27,500
Median Household Income
$31,243
Median Earnings
$1,064
Median Rent
$780,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Value-add opportunity in Mott Haven with residential and commercial components.
Where is this mixed-use property located?
The property is located at 128 Alexander Ave New York City, NY.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Delivered fully vacant, presenting a value‑add opportunity.; Opportunity to lease‑up both residential and commercial components at market rents.; Zoning is M1‑2 and R6A, offering long‑term flexibility.
(917) 348-0242 Call to check price and availability
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