Riverdale Avenue Mixed-Use
3174 Riverdale Avenue Bronx, NY 10463
3174 Riverdale Avenue, Bronx, NY, 10463
$7,850,000
For Sale
$7,850,000
Mixed-use property in Bronx, NY, totaling 30,008 square feet.
Property Size30,008 SF
Price / SF$261.60
Days on Market197
Property Features for 3174 Riverdale Avenue
General Information
- Standard status
- Active
- Size
- 30,008 SF
- Property subtype
- Mix-Use
Properties For Sale
at 3174 Riverdale Avenue Contact us
Listing agency
KSR Kassin Sabbagh Realty
(917) 523-1274
Listed by
Samia Farah · License #4OM01167813
(917) 523-1274
Source
Ksrny
Added: Jan 5 Updated: Jul 10 at 1:15PM Checked: Jul 10 at 1:15PM
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 KSR Kassin Sabbagh Realty
Investment Insights
Based on property information with market context.
This mixed-use property is located on Riverdale Avenue in Bronx, NY. The property offers a total size of 30,008 square feet.
Key Highlights
- Mixed‑use property
- Located in Bronx, NY
- Totaling 30,008 square feet
Local Financial Insights For Mixed Use
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 | $1.08M | $36.00 |
| − Vacancy | −$118.8k | −$3.96 |
| EGI | $961.5k | $32.04 |
| − OpEx | −$360.5k | −$12.02 |
| NOI | $600.9k | $20.03 |
30,008 SF · lease $36.00/SF/yr · vacancy 11.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$8.58M
$7.51M – $10.02M
NOI $600,910 @ 7.0% cap · market cap 7.65%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$20.79M
$18.19M – $24.26M
NOI $1,455,540 @ 7.0% cap · market cap 18.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Comprehensive Counseling LCSWs
Crisis Center
Clarity and Wellness Mental ...
Mental Health Service
Justine Tetteh
Counselor
Lush Beauty Ave
Hair Salon
Tree Cove
Apartment Building
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FAQs
What type of property is this?
Mixed-use property - Mixed-use property in Bronx, NY, totaling 30,008 square feet.
Where is this mixed-use property located?
The property is located at 3174 Riverdale Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $7,850,000.
What are key features of this property?
This property features: Mixed‑use property; Located in Bronx, NY; Totaling 30,008 square feet
