Retail
370 East 149th Street, Bronx, NY 10455
For Sale
Contact for pricing
The property offers 16,372 gross square feet of retail area in Mott Haven.
Property Size16,372 SF
Price / SF$366.48
Days on Market8
Property Features for 370 East 149th Street
General Information
Standard status
Size
Property subtype
Listing Agency:
Ariel Property Advisors
Listed By:
Jason Gold · License #NY 10301214771
(212) 544-9500
Source:
Crexi
Added: Nov 2
Changed: Nov 8
Last Checked: Nov 8 at 5:57PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail property comprises 16,372 gross square feet at 370 East 149th Street in Mott Haven, Bronx.
Key Highlights
- 16,372 gross square feet of retail space
- Located at 370 East 149th Street in Mott Haven, Bronx
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$344,637
Cap Rate
5.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,892,740
$6.9M
Cap Rate 7%
$4,923,386
$4.9M
Cap Rate 9%
$3,829,300
$3.8M
Market Conditions
NOI Build-Up for 16,372 SF
Gross rent
$550.1K $33.60/SF
− Vacancy
−$57.8K −$3.53/SF
EGI
$492.3K $30.07/SF
− OpEx
−$147.7K −$9.02/SF
NOI
$344.6K $21.05/SF
Area
Bronx, NY
Vacancy
10.50%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,892,740
Cap Rate 7%
$4,923,386
Cap Rate 9%
$3,829,300
Alternative Uses
Best Use
Retail
$4.92M
$4.31M – $5.74M
NOI $344,637 @ 7.0% cap · market cap 5.74%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$11.34M
$9.93M – $13.24M
NOI $794,125 @ 7.0% cap · market cap 13.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
6,080
Businesses Nearby
221k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 43%
Dining 35%
Groceries 12%
Apparel 7%
Aldi
Groceries
22,887 visits/mo
0.3 miles
McDonald's
Dining
17,416 visits/mo
0.2 miles
Dollar Tree
Shops & Services
17,410 visits/mo
0.4 miles
TD Bank
Shops & Services
15,993 visits/mo
0.1 miles
KFC
Dining
15,444 visits/mo
0.1 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
$348,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail space in Bronx, NY
Properties on Market for Retail space in Bronx
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - The property offers 16,372 gross square feet of retail area in Mott Haven.
Where is this retail space located?
The property is located at 370 East 149th Street Bronx, NY.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: 16,372 gross square feet of retail space; Located at 370 East 149th Street in Mott Haven, Bronx
