12-Unit Mixed-Use
For Sale
Contact for pricing
387 East 138th Street, Bronx, NY 10454
Five-story walk-up combining residential apartments with two street-level retail stores on a major South Bronx thoroughfare.
Property Size9,155 SF
Days on Market143
Property Features for 387 East 138th Street
General Information
Standard status
Active
Size
9,155 SF
Property subtype
Mixed Use
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
8 x 3BR, 2 x 1BR
Multifamily Units
10
Building Details
Buildings
1
Stories
5
Listing Agency:
Ariel Property Advisors
(212) 544-9500
Listed By:
Jason Gold · License #NY 10301214771
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 3:12AM
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
Investment Insights
Based on property information with market context.
This five-story mixed-use walk-up at 387 East 138th Street contains 9,155 square feet, with 10 residential apartments and two retail stores. The apartment mix includes eight three-bedroom units and two one-bedroom units. Nine apartments are free market, while one is rent stabilized. The building’s commercial occupants are Boost Mobile and Noommy, a pet supplies and grooming retailer that also uses apartment 1E. Both commercial tenants hold long-term leases and pay taxes above the 20/21 base year.
The property fronts East 138th Street in the South Bronx and provides access to the Willis Avenue, Third Avenue, and Robert F. Kennedy bridges, as well as I-87 and 278. The 4, 5, and 6 subway stops are nearby. Surrounding development includes The Arch’s 483-unit project, Brookfield’s Bankside with 1,350 units, and The Lightstone Group’s 2,000-unit complex.
The property fronts East 138th Street in the South Bronx and provides access to the Willis Avenue, Third Avenue, and Robert F. Kennedy bridges, as well as I-87 and 278. The 4, 5, and 6 subway stops are nearby. Surrounding development includes The Arch’s 483-unit project, Brookfield’s Bankside with 1,350 units, and The Lightstone Group’s 2,000-unit complex.
Key Highlights
- 12‑unit, 5‑story mixed‑use walk‑up building
- 9,155 square feet with 10 apartments and 2 retail stores
- Residential mix includes 8 three‑bedroom and 2 one‑bedroom apartments
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4,741
Businesses Nearby
Explore this area
Business Placement
Demographics for 10454, NY
40,232
Population
15,397
Households
2.6
Avg Household Size
33
Median Age
14%
College-Educated
62%
High-School Grad
1.1 sq mi
ZIP Area
36,575
Density / Sq Mi
$27,500
Median Household Income
$31,243
Median Earnings
$1,064
Median Rent
$780,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Five-story walk-up combining residential apartments with two street-level retail stores on a major South Bronx thoroughfare.
Where is this mixed-use property located?
The property is located at 387 East 138th Street Bronx, NY.
What are key features of this property?
This property features: 12‑unit, 5‑story mixed‑use walk‑up building; 9,155 square feet with 10 apartments and 2 retail stores; Residential mix includes 8 three‑bedroom and 2 one‑bedroom apartments
