500 CITY ISLAND AVE, Bronx, NY 10464

Building Details

Year Built

1936

Listing agent Greg Corbin License #10491213060

Listing office Northgate Real Estate Group

Listing date Jun 10, 2026

Source Crexi

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 Northgate Real Estate Group

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Overview

This lender-owned, REO property is a 6,796 SF building on a 16,625 SF lot with on-site private parking. The space is currently vacant but remains fully vented and outfitted with restaurant infrastructure, including kitchen and equipment, supporting an efficient move-in for qualified food operators.

The building occupies a high-visibility corner at the intersection of City Island Avenue and Beach Street, offering 176 feet of frontage on City Island Avenue and 92 feet on Beach Street. It is positioned along the island’s main commercial corridor, surrounded by established dining and retail uses, including City Island Lobster House, Sammy’s Shrimp Box, Artie’s Steak & Seafood, and The Black Whale, along with boutique shops and art galleries.

With its combination of ready-to-operate restaurant buildout, prominent corner exposure, and dedicated on-site parking, the property is well-suited to a restaurant or café concept, as well as other compatible uses such as retail, an event-driven space, a boutique shop, or an art gallery. The location is a year-round destination tied to nearby marina, yacht clubs, and waterfront parks, supporting visibility to visitors and locals throughout the year.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Bronx

County

Bronx

State

New York

Longitude

-73.789302

Latitude

40.85283

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FAQs

What type of property is this?

Conventional restaurant - Vacant, fully vented restaurant space with turnkey kitchen equipment and strong corner frontage plus private on-site parking.

Where is this conventional restaurant located?

The property is located at 500 CITY ISLAND AVE Bronx, NY.

What is the asking price?

The asking price for this property is $1,750,000.

What are key features of this property?

This property features: Turnkey, fully vented restaurant space with kitchen & restaurant equipment; currently vacant (most recently a Japanese restaurant); Corner location with 176 ft of frontage on City Island Avenue and 92 ft on Beach Street along the island’s main commercial corridor; 6,796 SF building on a 16,625 SF lot with on‑site private parking