Listing Agency: New York Commercial Realty Group

Listed By: Michael Rao · License #NY 49RA1156551

Source: Crexi

Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 4:20PM

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Investment Insights

Based on property information with market context.

This office building provides 30,000 SF of commercial space. The property is located at 3960-3966 Merritt Ave in East Bronx, NY 10466.

Key Highlights

• 30,000 SF office building
• 3960‑3966 Merritt Ave address in East Bronx, NY 10466

Property Analytics

Current Use

Office buildings

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.

Location Intelligence

Trade Area within ½ mile

1,295

Businesses Nearby

Explore this area Business Placement

Demographics for 10466, NY

70,420

Population

26,303

Households

2.7

Avg Household Size

38

Median Age

26%

College-Educated

81%

High-School Grad

2.0 sq mi

ZIP Area

35,210

Density / Sq Mi

$66,328

Median Household Income

$44,053

Median Earnings

$1,528

Median Rent

$605,300

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 - A substantial office property providing commercial workspace.

Where is this office building located?

The property is located at 3960-3966 Merritt Ave East Bronx, NY.

What are key features of this property?

This property features: 30,000 SF office building; 3960‑3966 Merritt Ave address in East Bronx, NY 10466