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Three-Story Mixed-Use Walk-Up Building
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333 E 149th St, Bronx, NY 10451

Three-story mixed-use walk-up building with a gas line in place and strong retail/medical corridor adjacency.

Property Size4,375 SF
Lot Size0.05 Acres
Price / SF$571.43
Days on Market649

Property Features for 333 E 149th St

General Information

Standard status Active
Size 4,375 SF
Lot size 0.05 Acres
Property subtype MULTIFAMILY

Site & Location

Public Transit Yes
Utilities to Site Yes

Amenities

gas line

Building Details

Buildings 1
Stories 3
Listing Agency: Kassin Sabbagh Realty (KSR)
Listed By: Solomon Sharaby · License #10401283106
Source: Moodyscre
Added: Dec 27, 2024 Changed: Sep 7 Last Checked: Oct 5 at 7:40PM

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 Kassin Sabbagh Realty (KSR)

Investment Insights

Based on property information with market context.

This three-story, mixed-use, walk-up building is positioned for buyers seeking an income-oriented property in an active corridor. The building sits on a 25 x 80-foot lot and has a total building size of 4,375 square feet. A gas line is in place, supporting a range of operating needs within the property.

Located on a major retail and medical corridor, the building is directly across from Starbucks and Wendy’s. It is one block from the HUB, a major transit hub with access to the #2 and #5 subway lines, and it is within walking distance of Lincoln Medical Center.

The combination of mixed-use configuration, established tenant-demand drivers nearby, and convenient public transportation access may appeal to investors looking for a walk-up structure in the South Bronx.

Key Highlights

  • 25 x 80‑foot lot with 4,375 square feet total building size
  • Three‑story mixed‑use walk‑up building
  • Gas line in place

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$100,641
Cap Rate
4.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,012,820 $2.0M
Cap Rate 7%
$1,437,729 $1.4M
Cap Rate 9%
$1,118,233 $1.1M
Market Conditions
NOI Build-Up for 4,375 SF
Gross rent
$194.3K $44.40/SF
− Vacancy
−$11.3K −$2.58/SF
EGI
$183.0K $41.82/SF
− OpEx
−$82.3K −$18.82/SF
NOI
$100.6K $23.00/SF
Area
Bronx, NY
Vacancy
5.80%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,012,820
Cap Rate 7%
$1,437,729
Cap Rate 9%
$1,118,233

Alternative Uses

Best Use
Apartment 5plus
$1.44M
$1.26M – $1.68M (±1% cap)
NOI $100,641 @ 7.0% cap · market cap 4.03%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$3.03M
$2.65M – $3.54M (±1% cap)
NOI $212,210 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Ballers Clothing Store Bridge Northboro Office Business Management Consultant The Spot or BALLERS Business Service Center

Suggested Use

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

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
Utilities to site

Location Intelligence

Trade Area within ½ mile

5,856
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Three-story mixed-use walk-up building with a gas line in place and strong retail/medical corridor adjacency.
Where is this multifamily property located?
The property is located at 333 E 149th St Bronx, NY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 25 x 80‑foot lot with 4,375 square feet total building size; Three‑story mixed‑use walk‑up building; Gas line in place
(718) 986-7149 Call to check price and availability
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