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High-Ceiling Retail Space
For Lease
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2054 Wallace Avenue, Bronx, NY 10462

Street-facing retail space offers immediate possession and prominent frontage.

Space Size938 SF
Property Size4,757 SF
Days on Market128

Property Features for 2054 Wallace Avenue

General Information

Standard status Active
Size 938 SF
Property subtype Retail
Lease Type Modified Gross

Building Details

Building Size 4,757 SF
Year Built 1932
Tenancy Single

Spaces For Lease

at 2054 Wallace Avenue Contact us

Available Space

Size
938 SF
Type
Retail
Rate
Contact for pricing
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Besen Partners
Listed By: Magal Gabay · License #NY: 10401330308
Source: Crexi
Added: Apr 27 Changed: Aug 30 Last Checked: Aug 30 at 1:06PM

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 Besen Partners

Investment Insights

Based on property information with market context.

This 938 SF retail space at 2054 Wallace Avenue in the Bronx provides a high-ceiling storefront with 67′ of frontage and immediate possession. The property was built in 1932 and is positioned for retail operations serving the surrounding Brookdale neighborhood.

The location is near a range of food, personal-service, shopping, and institutional businesses, including CVS, Staples, La Lupita, Café Colonial, Grill House, and Bronx HS for the Visual Arts. Public transportation options include Morris Park on the 5 line, Bronx Park East on the 2 and 5 lines, and Pelham Parkway on the 2 and 5 lines.

Key Highlights

  • 938 SF retail space with 67′ of frontage
  • High‑ceiling storefront with immediate possession
  • Located at 2054 Wallace Avenue in the Bronx

Property Analytics

Current Use

Wash Cafe Laundromat (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Skin Care Clinic (Bike/Boat/Book/etc) Store Tech Support 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
$6.72 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,164
Businesses Nearby
213k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 45% Dining 30% Groceries 13% Apparel 8%
TD Bank Shops & Services
25,295 visits/mo 0.4 miles
Dunkin' Donuts Dining
22,165 visits/mo 0.5 miles
76 Shops & Services
20,334 visits/mo 0.5 miles
Panda Express Dining
13,561 visits/mo 0.4 miles
Key Food Supermarkets Groceries
13,402 visits/mo 0.2 miles

Demographics for 10462, NY

84,655
Population
31,828
Households
2.7
Avg Household Size
37
Median Age
28%
College-Educated
83%
High-School Grad
1.5 sq mi
ZIP Area
56,437
Density / Sq Mi
$63,460
Median Household Income
$42,383
Median Earnings
$1,711
Median Rent
$372,100
Median Home Value

Market

Lease Benchmarks for Bronx, NY

$56.86 /SF/Yr
Avg Asking Price
$9.8–$144 /SF/Yr
Price Range
12,169 SF
Avg Space Size

This space is priced 21% below the average of $56.86 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Street-facing retail space offers immediate possession and prominent frontage.
Where is this retail space located?
The property is located at 2054 Wallace Avenue Bronx, NY.
What is the lease rate?
The lease rate is $44.77 SF/Yr.
What are key features of this property?
This property features: 938 SF retail space with 67′ of frontage; High‑ceiling storefront with immediate possession; Located at 2054 Wallace Avenue in the Bronx
(917) 741-5652 Call to check price and availability
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