Restaurant Social Club
2419 Dorsey St, Bronx, NY 10461
For Sale
$799,000
Pending
Social club property with an event-ready commercial kitchen, finished basement, and four bathrooms on a 50 by 75 lot.
Property Size1,750 SF
Days on Market622
Property Features for 2419 Dorsey St
General Information
Standard status
Size
Zoning
Taxes and HOA fees
Annual Taxes
Listing Agency:
Century 21 Kafcos Realty
(718) 518-9101
Listed By:
Ernesto De Sieno · License NY #10401332425
(718) 757-6323
Source:
Exprealty
Added: Mar 3, 2025
Changed: Nov 1
Last Checked: Nov 12 at 1:59PM
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 Century 21 Kafcos Realty
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Investment Insights
Based on property information with market context.
This restaurant social club property is set up for private events and social gatherings, with a commercial kitchen designed for catering. The existing structure is approximately 25 by 70 feet and includes a full finished basement and four bathrooms.
The lot features 50 feet of frontage and extends 75 feet deep in an R6 zone. The property is listed with close proximity to the number 6 train and buses, supporting convenient access for patrons and guests.
Offered for sale with on-site private parking described in the remarks, this building combines event-focused interior space with dedicated kitchen and restrooms for guest use.
The lot features 50 feet of frontage and extends 75 feet deep in an R6 zone. The property is listed with close proximity to the number 6 train and buses, supporting convenient access for patrons and guests.
Offered for sale with on-site private parking described in the remarks, this building combines event-focused interior space with dedicated kitchen and restrooms for guest use.
Key Highlights
- 50‑ft frontage and 75‑ft depth lot in an R6 zone
- Social club structure approx. 25' x 70' with a full finished basement
- Commercial kitchen setup for events and social gatherings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,761
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$855,220
$855.2K
Cap Rate 7%
$610,871
$610.9K
Cap Rate 9%
$475,122
$475.1K
Market Conditions
NOI Build-Up for 1,750 SF
Gross rent
$63.0K $36.00/SF
− Vacancy
−$6.0K −$3.42/SF
EGI
$57.0K $32.58/SF
− OpEx
−$14.3K −$8.15/SF
NOI
$42.8K $24.44/SF
Area
Bronx, NY
Vacancy
9.50%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$855,220
Cap Rate 7%
$610,871
Cap Rate 9%
$475,122
Alternative Uses
Best Use
Specialty Retail
$610.9K
$534.5K – $712.7K
NOI $42,761 @ 7.0% cap · market cap 5.35%
Second Best
Industrial
$354.9K
$310.6K – $414.1K
NOI $24,846 @ 7.0% cap · market cap 3.11%
Theoretical Best
Office A
$835.0K
$730.6K – $974.2K
NOI $58,450 @ 7.0% cap · market cap 7.32%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
4,652
Businesses Nearby
285k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 45%
Dining 43%
Groceries 6%
Electronics 3%
Wendy's
Dining
31,083 visits/mo
0.3 miles
Dollar Tree
Shops & Services
29,487 visits/mo
0.3 miles
BP
Shops & Services
20,116 visits/mo
0.5 miles
Wendy's
Dining
18,594 visits/mo
0.4 miles
Golden Corral
Dining
17,648 visits/mo
0.3 miles
Demographics for 10461, NY
54,901
Population
20,418
Households
2.7
Avg Household Size
38
Median Age
27%
College-Educated
82%
High-School Grad
2.4 sq mi
ZIP Area
22,875
Density / Sq Mi
$65,023
Median Household Income
$45,445
Median Earnings
$1,741
Median Rent
$640,400
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Commercial kitchen - Social club property with an event-ready commercial kitchen, finished basement, and four bathrooms on a 50 by 75 lot.
Where is this commercial kitchen located?
The property is located at 2419 Dorsey St Bronx, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 50‑ft frontage and 75‑ft depth lot in an R6 zone; Social club structure approx. 25' x 70' with a full finished basement; Commercial kitchen setup for events and social gatherings
