Two Lots on Lurting
2710 Lurting Avenue Bronx, NY 10469
For Sale
Contact for pricing
Two lots, one vacant, totaling 50x100, for sale.
Property Size3,510 SF
Lot Size0.11 Acres
Price / SF$384.62
Days on Market78
Property Features for 2710 Lurting Avenue
General Information
- Standard status
- Active
- Size
- 3,510 SF
- Lot size
- 0.11 Acres
- Property subtype
- Retail, Multifamily
Listing Agency:
Century 21 Kafcos Realty
Listed By:
Ernesto DeSieno · License #NY
Source:
Crexi
Added: May 11
Changed: Jul 10
Last Checked: Jul 25 at 2:15PM
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
Investment Insights
Based on property information with market context.
The property includes two lots with a combined area of 50 feet by 100 feet. One of the lots is currently vacant and is being utilized for parking purposes. The property size is 3510 square feet.
Key Highlights
- Includes two lots.
- Total lot size is 50X100.
- One lot is empty.
Financial Insights For Apartment 5plus
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 | $155.8k | $44.40 |
| − Vacancy | −$9.0k | −$2.58 |
| EGI | $146.8k | $41.82 |
| − OpEx | −$66.1k | −$18.82 |
| NOI | $80.7k | $23.00 |
3,510 SF · lease $44.40/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Industrial
$2.00M
$1.75M – $2.34M
NOI $140,208 @ 7.0% cap · market cap 10.39%
Second Best
Apartment 5plus
$1.15M
$1.01M – $1.35M
NOI $80,743 @ 7.0% cap · market cap 5.98%
Theoretical Best
Warehouse
$2.43M
$2.13M – $2.84M
NOI $170,253 @ 7.0% cap · market cap 12.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Parking lots & garages
Similar Off Market Nearby
- Allerton Travel Agency Inc — 2704 Holland Ave, Bronx, NY 10467
- U-Haul Moving & Storage at Bronx Park — 2800 White Plains Rd, Bronx, NY 10467
- Luxury Exotic Car Rental Bronx — 2539 Tenbroeck Ave, The Bronx, NY 10469
- Trailer Rental at U-Haul — 2800 White Plains Rd, Bronx, NY 10467
- U-Haul Neighborhood Dealer — 1280 Allerton Ave, Bronx, NY 10469
FAQs
What type of property is this?
Parking lot & garage - Two lots, one vacant, totaling 50x100, for sale.
Where is this parking lot & garage located?
The property is located at 2710 Lurting Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Includes two lots.; Total lot size is 50X100.; One lot is empty.