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Easily Divisible Retail Space
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2385 3rd Ave, Bronx, NY 10451

Newly built retail space in a high-rise development with landlord openness to tenant improvements.

Space Size7,475 SF
Days on Market66

Property Features for 2385 3rd Ave

General Information

Standard status Active
Size 7,475 SF
Property subtype RETAIL

Additional Details

Divisible Yes

Spaces For Lease

at 2385 3rd Ave
2385 3rd Ave $75/SF/Yr
Floor 1
Size 7,475 SF
Type RETAIL
Availability AVAILABLE, Now
Sublease No
- Newly-built high-rise development - Excellent visibility - Easily divisible - Landlord open to T.I. work - Strong residential and foot traffic area - All uses considered
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Listing Agency: Meridian Capital Group
Listed By: Noam Aziz
Source: Moodyscre
Added: Jul 27 Changed: Sep 4 Last Checked: Sep 29 at 9:03AM

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 Meridian Capital Group

Investment Insights

Based on property information with market context.

This newly built retail space is located within a high-rise development and offers an easily divisible layout to support multiple retail configurations. The landlord is open to tenant improvement work, which can help tailor the space to a tenant’s operational needs.

The property sits in a residential, foot-traffic area, supporting retail uses that benefit from consistent neighborhood activity. All uses are considered, giving tenants flexibility when evaluating best fit for their business.

With a total area of 7,475 square feet, the space is well suited for retailers looking for a modern option in a multi-story setting and the ability to adjust the interior buildout as part of the leasing process.

Key Highlights

  • Newly built retail space in a high‑rise development
  • Easily divisible layout for multiple retail configurations
  • Landlord open to tenant improvement (T.I.) work

Property Analytics

Current Use

HFL ART Artist SP+ Parking Parking Lot & Garage Third at Bankside Real Estate Agency

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Auto Parts Store Dental Office Kitchen & Bath Showroom

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
$11.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,661
Businesses Nearby
136k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 45% Shops & Services 32% Groceries 18% Hotels & Casinos 5%
McDonald's Dining
46,830 visits/mo 0.3 miles
BP Shops & Services
25,252 visits/mo 0.4 miles
Western Beef Groceries
24,466 visits/mo 0.4 miles
Dunkin' Donuts Dining
12,258 visits/mo 0.3 miles
Chase Bank Shops & Services
10,615 visits/mo 0.2 miles

Demographics for 10451, NY

51,536
Population
21,850
Households
2.4
Avg Household Size
36
Median Age
21%
College-Educated
74%
High-School Grad
1.1 sq mi
ZIP Area
46,851
Density / Sq Mi
$37,111
Median Household Income
$35,765
Median Earnings
$1,269
Median Rent
$263,500
Median Home Value

Market

Lease Benchmarks for Bronx, NY

$59.62 /SF/Yr
Avg Asking Price
$29.14–$144 /SF/Yr
Price Range
4,213 SF
Avg Space Size

This space is priced 26% above the average of $59.62 /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
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Frequently Asked Questions

What type of property is this?
Retail space - Newly built retail space in a high-rise development with landlord openness to tenant improvements.
Where is this retail space located?
The property is located at 2385 3rd Ave Bronx, NY.
What is the lease rate?
The lease rate is $75 SF/Yr.
What are key features of this property?
This property features: Newly built retail space in a high‑rise development; Easily divisible layout for multiple retail configurations; Landlord open to tenant improvement (T.I.) work
(212) 468-5984 Call to check price and availability
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