Two-Story Retail and Commercial
2530 Boston Rd Bronx, NY 10467
2530 Boston Rd, Bronx, NY, 10467
Contact for pricing
For Sale
Contact for pricing
Ten-unit building with ground-floor retail and one vacant second-floor commercial unit, totaling 10,020± SF.
Property Size10,020 SF
Lot Size0.16 Acres
Price / SF$348.80
Days on Market101
Property Features for 2530 Boston Rd
General Information
- Standard status
- Active
- Size
- 10,020 SF
- Lot size
- 0.16 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1929
Listing agency
Besen Partners
(646) 424-5317
Listed by
Ronald H. Cohen · License #NY 40CO0983987
Source
Crexi
Added: Apr 13 Updated: Jul 22 at 2:30AM Checked: Jul 22 at 2:30AM
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 two-story retail and commercial building offers a total of 10,020± SF on a 7,023± SF lot. The property includes 10 total units, with 7 retail units and 3 commercial units. Floor-by-floor area is 5,320± SF on the first floor and 4,700± SF on the second floor, plus a 30' x 30' (900± SF) basement. There is one vacant commercial unit on the second floor.
The property is zoned C8-1.
With multiple retail and commercial units across two floors, the layout provides a mixed configuration within a single building footprint.
The property is zoned C8-1.
With multiple retail and commercial units across two floors, the layout provides a mixed configuration within a single building footprint.
Key Highlights
- 2‑story 10,020± SF retail/commercial building on a 7,023± SF lot
- Zoned C8‑1 with 10 total units: 7 retail and 3 commercial
- Total space by floor: 5,320± SF first floor and 4,700± SF second floor
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $336.7k | $33.60 |
| − Vacancy | −$27.6k | −$2.76 |
| EGI | $309.1k | $30.84 |
| − OpEx | −$92.7k | −$9.25 |
| NOI | $216.3k | $21.59 |
10,020 SF · lease $33.60/SF/yr · vacancy 8.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.09M
$2.70M – $3.61M
NOI $216,345 @ 7.0% cap · market cap 6.19%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$6.94M
$6.08M – $8.10M
NOI $486,021 @ 7.0% cap · market cap 13.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Management Appliances
HVAC Service
Ganix Transportation
Freight Service
WILMER IMPORT (New ...
Big Box & Wholesale Store
Beauty Bar by ...
Hair Salon
Sonia's Unisex
Hair Salon
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FAQs
What type of property is this?
Retail space - Ten-unit building with ground-floor retail and one vacant second-floor commercial unit, totaling 10,020± SF.
Where is this retail space located?
The property is located at 2530 Boston Rd Bronx, NY.
What is the asking price?
The asking price for this property is $3,495,000.
What are key features of this property?
This property features: 2‑story 10,020± SF retail/commercial building on a 7,023± SF lot; Zoned C8‑1 with 10 total units: 7 retail and 3 commercial; Total space by floor: 5,320± SF first floor and 4,700± SF second floor
