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Bronx Retail/Office Space Available
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3208 Third Ave The, Bronx, NY 10451

Located in high-density area near transportation, schools, and new developments.

Space Size4,760 SF - 4,959 SF
Property Size21,620 SF
Days on Market1139

Property Features for 3208 Third Ave The

General Information

Standard status Active
Size 4,760 SF - 4,959 SF
Class C
Property subtype Retail, Office

Building Details

Building Size 21,620 SF
Year Built 1931
Tenancy Multiple

Spaces For Lease

at 3208 Third Ave The Contact us

Ground Floor / Lower Level

Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us

2nd Floor

Size
4,760 SF
Type
Office, Retail
Availability
Active
Contact us

3rd Floor

Size
4,959 SF
Type
Office, Retail
Availability
Active
Contact us
Listing Agency: AGW Partners
Listed By: Nathan Wilson · License #NY
Source: Crexi
Added: Jul 13, 2023 Changed: Aug 22 Last Checked: Aug 23 at 4:50AM

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 AGW Partners

Investment Insights

Based on property information with market context.

Located in the Melrose neighborhood of the Bronx, this property is available for sale or for lease. Melrose is a residential area north of Mott Haven and west of Longwood, recognized as part of the South Bronx. The neighborhood is rectangular, bordered by Third Avenue to the east, 149th Street to the south, Park Avenue to the west, and 161st Street to the north. Melrose Avenue and Third Avenue are the primary thoroughfares. The Hub-Third Avenue Business Improvement District, a shopping district at the intersection of East 149th Street, Westchester, Willis, Melrose, and Third Avenues, is nearby. This retail area is second in size to Fordham Road. The property is situated near a retail corridor, mass transportation, and schools, and across the street from the new Boricua College, in a high-density area. It is also steps away from the new Boricua Village with over 700 rental units, Saint Ann’s Apartments with over 660 rental units, La Central: South Bronx’s newest rental community consisting of 992 rental units, and a 50,000 SF state-of-the-art YMCA.

Key Highlights

  • Located in a high‑density area near mass transportation and schools.
  • Proximity to the Hub‑Third Avenue Business Improvement District, a major shopping area.
  • Across the street from Boricua College.

Property Analytics

Current Use

Mr Discount Department ... Department Store

Suggested Use

Top Pick Real Estate Agency Gym & Fitness Center Acupuncture Skin Care Clinic Travel Agency Computer & Electronic Repair

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

5,767
Businesses Nearby
208k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 44% Dining 28% Shops & Services 22% Apparel 3%
Food Bazaar Supermarket Groceries
41,030 visits/mo 0.2 miles
Western Beef Groceries
23,969 visits/mo 0.4 miles
Aldi Groceries
22,887 visits/mo 0.4 miles
McDonald's Dining
20,833 visits/mo 0.1 miles
BP Shops & Services
18,014 visits/mo 0.1 miles

Demographics for 10451, NY

51,536
Population
21,850
Households
2.4
Avg Household Size
36
Median Age
21%
College-Educated
74%
High-School Grad
1.1 sq mi
ZIP Area
46,851
Density / Sq Mi
$37,111
Median Household Income
$35,765
Median Earnings
$1,269
Median Rent
$263,500
Median Home Value

Market

Lease Benchmarks for Bronx, NY

$62.72 /SF/Yr
Avg Asking Price
$29–$144 /SF/Yr
Price Range
12,923 SF
Avg Space Size

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?
Retail space - Located in high-density area near transportation, schools, and new developments.
Where is this retail space located?
The property is located at 3208 Third Ave The Bronx, NY.
What are key features of this property?
This property features: Located in a high‑density area near mass transportation and schools.; Proximity to the Hub‑Third Avenue Business Improvement District, a major shopping area.; Across the street from Boricua College.
(703) 967-6447 Call to check price and availability
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