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Storefront Property
For Lease
$7,000/Mo

2060 Wallace Avenue, Bronx, NY 10462

The property is available for lease and carries R7-1 zoning.

Space SizeContact for details
Property Size6,500 SF
Lot Size0.15 Acres
Days on Market124

Property Features for 2060 Wallace Avenue

General Information

Standard status Active
Size 6,500 SF
Lot size 0.15 Acres
Zoning R7-1

Taxes and HOA fees

Annual Taxes $51,886

Building Details

Building Size 6,500 SF
Year Built 1932
Listing Agency: Fave Realty Inc
Listed By: Tajina Rocke
Source: Croninreale
Added: Jun 23 Changed: Oct 23 Last Checked: Oct 23 at 9:51AM

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 Fave Realty Inc

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Investment Insights

Based on property information with market context.

This storefront property occupies an approximately 6,500-square-foot lot and dates to 1932. The site is zoned R7-1 and is offered for lease.

Public transportation, shopping, neighborhood services, and major roadways are identified as nearby amenities.

Key Highlights

  • Approximately 6,500‑square‑foot lot
  • R7‑1 zoning
  • Built in 1932

Property Analytics

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Open Analytics

Current Use

Green Star At Wallace ... Daycare Center

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
$1.94 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,164
Businesses Nearby
213k
Monthly Visits Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Bronx, NY

$42.92 /SF/Yr
Avg Asking Price
$35–$46.67 /SF/Yr
Price Range
2,328 SF
Avg Space Size

This space is priced 70% below the average of $42.92 /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

Similar Off Market Nearby

  • Alex's Flowers — 601 Baker Ave, The Bronx, NY 10460, United States
  • Benicia Florist Same Day Delivery Inc — 627 morris park ave, bronx, ny 10460
  • D & N Flower Shop — 627 Morris Park Ave, Bronx, NY 10460
  • Morris Park Florist — 666 Morris Park Ave, Bronx, NY 10462
  • Floral Express — 726 Morris Park Ave, The Bronx, NY 10462

Frequently Asked Questions

What type of property is this?
Storefront property - The property is available for lease and carries R7-1 zoning.
Where is this storefront property located?
The property is located at 2060 Wallace Avenue Bronx, NY.
What is the lease rate?
The lease rate is $7,000/Mo.
What are key features of this property?
This property features: Approximately 6,500‑square‑foot lot; R7‑1 zoning; Built in 1932
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