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NNN Property with Air Rights
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3320 Fort Independence St The, Bronx, NY 10463

Brick construction and a busy corner setting complement the existing net lease and documented expansion potential, subject to approvals.

Property Size1,125 SF
Lot Size0.03 Acres
Days on Market143

Property Features for 3320 Fort Independence St The

General Information

Standard status Active
Size 1,125 SF
Lot size 0.03 Acres
Property subtype Mixed Use, Multifamily, Retail, Special Purpose
Zoning R6
Net Operating Income $53,000

Additional Details

Corner Location Yes

Building Details

Buildings 1
Stories 3
Construction brick
Tenancy Single
Listing Agency: ACCRE
Listed By: Anthony Unknown · License #CT
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 8:39AM

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 ACCRE

Investment Insights

Based on property information with market context.

Located at 3320 Fort Independence St, this freestanding brick retail building contains 1,125 SF on a 1,400 SF R6-zoned lot. The property is occupied by a laundromat under a 10-year net lease with 4 years remaining, providing an established operating framework for an investor. The owner may deliver the building vacant or negotiate a tenant buyout.

The site is positioned on a busy corner in Kingsbridge near the 238th St 1-train station and established retail corridors. Approximately 2,000–2,800 SF of air rights are identified for potential expansion, subject to approvals. The lot is described as approximately 3 stories and 3,000+ SF buildable, offering a defined redevelopment component alongside the existing retail improvements.

Key Highlights

  • Freestanding 1,125 SF brick retail building
  • 10‑year net lease with 4 years remaining
  • 1,400 SF R6‑zoned lot

Property Analytics

Current Use

Modozie Laundromat (Bike/Boat/Book/etc) Store L & E Express ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply HVAC Service Kitchen & Bath Showroom Big Box & Wholesale Store

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,029
Businesses Nearby
436k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 32% Superstores 26% Groceries 15% Shops & Services 14%
BJ's Wholesale Club Superstores
112,995 visits/mo 0.4 miles
Stop & Shop Groceries
48,053 visits/mo 0.3 miles
McDonald's Dining
44,473 visits/mo 0.4 miles
Staples Office Supplies
29,652 visits/mo 0.3 miles
Wendy's Dining
28,255 visits/mo 0.5 miles

Demographics for 10463, NY

71,301
Population
30,602
Households
2.3
Avg Household Size
41
Median Age
44%
College-Educated
85%
High-School Grad
2.8 sq mi
ZIP Area
25,465
Density / Sq Mi
$72,952
Median Household Income
$48,409
Median Earnings
$1,611
Median Rent
$352,200
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
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Frequently Asked Questions

What type of property is this?
NNN property - Brick construction and a busy corner setting complement the existing net lease and documented expansion potential, subject to approvals.
Where is this nnn property located?
The property is located at 3320 Fort Independence St The Bronx, NY.
What are key features of this property?
This property features: Freestanding 1,125 SF brick retail building; 10‑year net lease with 4 years remaining; 1,400 SF R6‑zoned lot
More about this property
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