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Two-Story Retail Space with New Systems
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2070 Jerome Ave, Bronx, NY 10453

Newly developed two-story retail space with new HVAC, storefronts, and ADA bathrooms, available for possession in Q2 2024.

Property Size1,750 SF
Days on Market873

Property Features for 2070 Jerome Ave

General Information

Standard status Active
Size 1,750 SF
Property subtype RETAIL

Site & Location

Anchor Co-Tenants Planet Fitness, Pizza Hut
Traffic Count 18,000 vehicles/day
Utilities to Site Yes

Additional Details

Available From 2024-Q2

Amenities

new hvac
electrical amps
gas lines
venting
storefronts
ada bathrooms in-place

Building Details

Stories 2
Tenancy Multi
Listing Agency: RIPCO Real Estate - Queens
Listed By: Michelle Abramov
Source: Moodyscre
Added: Mar 12, 2024 Changed: Jul 29 Last Checked: Jul 31 at 6:19AM

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 - Queens

Investment Insights

Based on property information with market context.

Newly developed two-story retail development at 2070 Jerome Ave in the Bronx, offering retail space designed to support multiple concepts, including retail, restaurants/QSRs, office, and medical use. Possession is scheduled for Q2 2024.

The space features new HVAC, electrical amps, gas lines, venting, storefronts, and ADA bathrooms already in place. It is located within several blocks of Bronx Community College and the Jerome Medical Center, and it sits only a couple hundred feet from the Burnside Avenue [4] Train and the 182nd–183rd Street [B] & [D] Train stations.

Jerome Avenue provides strong daily exposure with over 18,000 vehicles passing per day, supported by a population of over 228,000 people within a 1-mile radius.

Key Highlights

  • Newly developed two‑story retail development with multi‑use flexibility including retail, restaurant/QSR, office, and medical
  • Possession scheduled for Q2 2024
  • New HVAC, electrical amps, gas lines, venting, storefronts, and ADA bathrooms in place

Property Analytics

Current Use

womenhealthcenter Department Store

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Acupuncture HVAC Service Skin Care 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.

Lease Details

18,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

6,594
Businesses Nearby
158k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 40% Groceries 27% Shops & Services 20% Apparel 7%
Western Beef Groceries
27,533 visits/mo 0.4 miles
McDonald's Dining
21,045 visits/mo 0.1 miles
BP Shops & Services
12,605 visits/mo 0.4 miles
Taco Bell Dining
8,613 visits/mo 0.1 miles
Carvel Ice Cream Dining
7,493 visits/mo 0.3 miles

Demographics for 10453, NY

81,951
Population
28,801
Households
2.8
Avg Household Size
34
Median Age
15%
College-Educated
69%
High-School Grad
0.9 sq mi
ZIP Area
91,057
Density / Sq Mi
$35,482
Median Household Income
$30,097
Median Earnings
$1,393
Median Rent
$580,100
Median Home Value

Market

Lease Benchmarks for Bronx, NY

$61.06 /SF/Yr
Avg Asking Price
$28.51–$144 /SF/Yr
Price Range
7,934 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Retail space - Newly developed two-story retail space with new HVAC, storefronts, and ADA bathrooms, available for possession in Q2 2024.
Where is this retail space located?
The property is located at 2070 Jerome Ave Bronx, NY.
What are key features of this property?
This property features: Newly developed two‑story retail development with multi‑use flexibility including retail, restaurant/QSR, office, and medical; Possession scheduled for Q2 2024; New HVAC, electrical amps, gas lines, venting, storefronts, and ADA bathrooms in place
(718) 663-2652 Call to check price and availability
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