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Single-Story Retail Storefront
For Sale
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Pending

231 E 167th St The, Bronx, NY 10456

Five retail tenants occupy a well-connected urban property with R7-1 and C1-4 zoning.

Property Size10,000 SF
Lot Size0.23 Acres
Days on Market143

Property Features for 231 E 167th St The

General Information

Standard status Pending
Size 10,000 SF
Lot size 0.23 Acres
Property subtype Retail
Zoning R7-1, C1-4
Occupancy 88%

Building Details

Buildings 1
Stories 1
Tenancy Multi
Listing Agency: Landair Advisors
Listed By: Alexandre Goulet · License #NY1324
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 1:35PM

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 Landair Advisors

Investment Insights

Based on property information with market context.

This single-story retail property contains a 10,000-square-foot building on a 10,000-square-foot lot. Five retail tenants occupy the building, which is 88% leased. The property carries R7-1 and C1-4 zoning and fronts a wide street, supporting a range of stated commercial and residential development options.

The site is two blocks from the East 167th Street/Grand Concourse B and D subway stop, providing direct transit access and a location associated with high pedestrian traffic. Zoning permits 40,000 square feet of residential buildable area and 48,000 square feet for community facility use. Average annual rent increases are 3%, and the average tenant lease term is 7 years.

Key Highlights

  • 10,000‑square‑foot single‑story building on a 10,000‑square‑foot lot
  • 88% leased to five retail tenants
  • R7‑1 and C1‑4 zoning

Property Analytics

Current Use

99¢ Grant Discount Store Black Bodega Grocery & Convenience Store H&R Block Tax Preparation

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Skin Care Clinic Kitchen & Bath Showroom HVAC Service

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

88%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

5,474
Businesses Nearby
149k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 30% Dining 28% Groceries 23% Apparel 11%
BP Shops & Services
17,229 visits/mo 0.5 miles
Speedway Shops & Services
14,361 visits/mo 0.3 miles
McDonald's Dining
13,489 visits/mo 0.3 miles
McDonald's Dining
10,840 visits/mo 0.5 miles
Apple Bank Shops & Services
10,506 visits/mo 0.5 miles

Demographics for 10456, NY

93,412
Population
33,321
Households
2.8
Avg Household Size
34
Median Age
14%
College-Educated
68%
High-School Grad
1.1 sq mi
ZIP Area
84,920
Density / Sq Mi
$35,676
Median Household Income
$30,340
Median Earnings
$1,194
Median Rent
$428,800
Median Home Value

Market

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
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Similar Off Market Nearby

  • Floristeria 981 Boston Rd, Bronx, NY 10456
  • La Rosita Flower Shop 553 E 168th St, Bronx, NY 10456
  • Benicia Florist Same Day Delivery Inc 553 e 168th st, bronx, ny 10456
  • Marinells flowers corp. 262 E 167th St, Bronx, NY 10456
  • Marinell Flowers Corp. 262 E 167th St, Bronx, NY 10456

Frequently Asked Questions

What type of property is this?
Storefront property - Five retail tenants occupy a well-connected urban property with R7-1 and C1-4 zoning.
Where is this storefront property located?
The property is located at 231 E 167th St The Bronx, NY.
What are key features of this property?
This property features: 10,000‑square‑foot single‑story building on a 10,000‑square‑foot lot; 88% leased to five retail tenants; R7‑1 and C1‑4 zoning
More about this property
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