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Corner Storefront Property
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2970 3rd Avenue, Bronx, NY 10455

Vacant commercial space with substantial above- and below-grade areas and C4-4 / R7-2 zoning.

Property Size28,635 SF
Lot Size0.24 Acres
Days on Market143

Property Features for 2970 3rd Avenue

General Information

Standard status Active
Size 28,635 SF
Lot size 0.24 Acres
Property subtype Retail
Zoning C4-4 / R7-2

Site & Location

Corner Location Yes
Road Access Yes

Additional Details

Opportunity Zone Yes

Building Details

Buildings 1
Listing Agency: Ariel Property Advisors
Listed By: Jason Gold · License #NY 10301214771
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 5:59PM

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 Ariel Property Advisors

Investment Insights

Based on property information with market context.

This vacant storefront property occupies a double-corner parcel measuring 55’ x 192’ at the intersection of 3rd Avenue and 153rd Street. The building contains 14,500 square feet of above-grade space and 14,135 square feet below grade, with more than 300 linear feet of wraparound retail frontage. C4-4 / R7-2 zoning provides 3.4 FAR as-of-right and 6.50 FAR with community facility use, supporting approximately 88,000 and 154,000 buildable square feet, respectively. Air rights from lot 50 are also included.

The property is positioned within the retail district known as “The Hub” and is near Burlington Coat Factory, Walgreens, Planet Fitness, Foot Locker’s “House of Hoops,” Modell’s Sporting Goods, and The Children’s Place. Metropolitan College of New York – Bronx, St. Mary’s Park, and the Opera House Hotel are nearby. The 2,5 express subway lines at 3 Av – 149 St are 4 blocks away, with Bx 15 and Bx 21 bus service providing additional access. The site is in an Opportunity Zone.

Key Highlights

  • 55’ x 192’ double‑corner lot at 3rd Avenue and 153rd Street
  • Over 300’ of wraparound retail frontage
  • 14,500 square feet of above‑grade space plus 14,135 square feet below grade

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Gym & Fitness Center Acupuncture Skin Care Clinic Travel Agency Cafe & Coffee Shop

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

6,029
Businesses Nearby
246k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 44% Dining 31% Groceries 15% Apparel 6%
Aldi Groceries
22,887 visits/mo 0.1 miles
McDonald's Dining
17,416 visits/mo 0.4 miles
Dollar Tree Shops & Services
17,410 visits/mo 0.3 miles
TD Bank Shops & Services
15,993 visits/mo 0.2 miles
KFC Dining
15,444 visits/mo 0.2 miles

Demographics for 10455, NY

43,804
Population
16,608
Households
2.6
Avg Household Size
33
Median Age
16%
College-Educated
69%
High-School Grad
0.7 sq mi
ZIP Area
62,577
Density / Sq Mi
$36,701
Median Household Income
$33,892
Median Earnings
$1,130
Median Rent
$348,700
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Vacant commercial space with substantial above- and below-grade areas and C4-4 / R7-2 zoning.
Where is this storefront property located?
The property is located at 2970 3rd Avenue Bronx, NY.
What are key features of this property?
This property features: 55’ x 192’ double‑corner lot at 3rd Avenue and 153rd Street; Over 300’ of wraparound retail frontage; 14,500 square feet of above‑grade space plus 14,135 square feet below grade
(212) 544-9500 Call to check price and availability
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