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Corner Mixed-Use Office/Retail Buildings
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Pending

2535 Third Avenue, Mott Haven, NY 10451

Two-building assemblage offers recently renovated office space and ground-floor retail-ready improvements under MX-13 zoning.

Property Size21,400 SF
Days on Market44

Property Features for 2535 Third Avenue

General Information

Standard status Pending
Size 21,400 SF
Property subtype Mixed Use, Office
Zoning MX-13

Additional Details

Opportunity Zone Yes

Building Details

Tenancy Multi
Listing Agency: The Clinical Group
Listed By: Chris Gillis · License #NY 10401290175
Source: Crexi
Added: Jul 21 Changed: Aug 21 Last Checked: Aug 31 at 1:56AM

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 The Clinical Group

Investment Insights

Based on property information with market context.

A two-building, mixed-commercial assemblage is offered for sale at the corner of 138th Street and Third Avenue in the South Bronx’s Mott Haven neighborhood. The combined offering includes 21,400 SF of mixed commercial space and is available as a package or individually. Ownership recently completed a high-end office renovation of the top four floors of the elevator building at 260 East 138th Street, while the ground floor is positioned for improvements to accommodate a prime retail tenant. 2535 Third Avenue is occupied by a mix of short-term commercial tenants and includes a newly renovated, vacant 4-bedroom apartment on the third floor.

The Properties are designated Special Mixed Use District (MX-13) and are located within an Opportunity Zone. Ownership states both buildings can be delivered vacant, supporting flexibility for owner-users and investors.

Additional context includes proximity to the 6 train across the street and the 4/5 trains a few blocks away at 138th Grand Concourse, along with nearby commercial and neighborhood destinations referenced in the offering materials.

Key Highlights

  • Two‑building mixed‑commercial assemblage totaling 21,400 SF at the corner of E 138th St and Third Ave
  • 260 E 138th St: recently completed high‑end office renovation on the top four floors of the elevator building
  • 260 E 138th St: ground floor is ready for improvements to accommodate a retail tenant

Property Analytics

Current Use

Reach Reality Studios Recording Studio Reach Reality Studios ... Recording Studio

Suggested Use

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

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

5,963
Businesses Nearby

Demographics for 10451, NY

51,536
Population
21,850
Households
2.4
Avg Household Size
36
Median Age
21%
College-Educated
74%
High-School Grad
1.1 sq mi
ZIP Area
46,851
Density / Sq Mi
$37,111
Median Household Income
$35,765
Median Earnings
$1,269
Median Rent
$263,500
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Two-building assemblage offers recently renovated office space and ground-floor retail-ready improvements under MX-13 zoning.
Where is this office building located?
The property is located at 2535 Third Avenue Mott Haven, NY.
What are key features of this property?
This property features: Two‑building mixed‑commercial assemblage totaling 21,400 SF at the corner of E 138th St and Third Ave; 260 E 138th St: recently completed high‑end office renovation on the top four floors of the elevator building; 260 E 138th St: ground floor is ready for improvements to accommodate a retail tenant
More about this property
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