Standalone Retail
5904 Riverdale Avenue, Bronx, NY 10471
For Sale
Contact for pricing
A column-free interior, street-facing windows, and a dedicated loading area support a range of commercial layouts.
Property Size2,925 SF
Price / SF$1.71
Days on Market33
Property Features for 5904 Riverdale Avenue
General Information
Standard status
Size
Class
Property subtype
Site & Location
Highway Access
Road Access
Public Transit
Additional Details
Condition
Building Details
Year Built
Buildings
Stories
Listing Agency:
RE/MAX In The City
(929) 222-4200
Listed By:
Chintan Trivedi · License NY #10311203986
(917) 637-0161
Source:
Neilcharlesrealestate
Added: Oct 9
Changed: Nov 10
Last Checked: Nov 9 at 3:56PM
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 RE/MAX In The City
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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 one-story commercial building contains approximately 2,925 square feet in a standalone configuration. Its column-free interior can accommodate an open plan or be divided into separate rooms. Storefront windows face Riverdale Avenue, and the street-level entrance is ADA-compliant. Dedicated space for loading and unloading is also provided.
Riverdale Metro-North Station is 1.0 mile away. The Bx7 and Bx9 buses stop in front of the property and connect to the Van Cortlandt Park-242nd St Station, 1.7 miles away. The Henry Hudson Parkway is among the nearby highway connections.
Riverdale Metro-North Station is 1.0 mile away. The Bx7 and Bx9 buses stop in front of the property and connect to the Van Cortlandt Park-242nd St Station, 1.7 miles away. The Henry Hudson Parkway is among the nearby highway connections.
Key Highlights
- Approximately 2,925 square feet in a one‑story standalone building
- Column‑free interior with storefront windows facing Riverdale Avenue
- ADA‑compliant, street‑level entrance and dedicated loading/unloading area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,653
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,213,060
$1.2M
Cap Rate 7%
$866,471
$866.5K
Cap Rate 9%
$673,922
$673.9K
Market Conditions
NOI Build-Up for 2,925 SF
Gross rent
$112.3K $38.40/SF
− Vacancy
−$11.2K −$3.84/SF
EGI
$101.1K $34.56/SF
− OpEx
−$40.4K −$13.82/SF
NOI
$60.7K $20.74/SF
Area
Bronx, NY
Vacancy
10.00%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,213,060
Cap Rate 7%
$866,471
Cap Rate 9%
$673,922
Alternative Uses
Best Use
Office B
$1.05M
$915.6K – $1.22M
NOI $73,249 @ 7.0% cap
Second Best
Retail
$879.6K
$769.7K – $1.03M
NOI $61,572 @ 7.0% cap
Theoretical Best
Office A
$1.40M
$1.22M – $1.63M
NOI $97,696 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,153
Businesses Nearby
Explore this area
Business Placement
Demographics for 10471, NY
25,121
Population
9,453
Households
2.7
Avg Household Size
44
Median Age
58%
College-Educated
94%
High-School Grad
1.7 sq mi
ZIP Area
14,777
Density / Sq Mi
$108,738
Median Household Income
$65,261
Median Earnings
$1,729
Median Rent
$406,500
Median Home Value
Market
Average Price Trend$/SF for Retail space in Bronx, NY
Properties on Market for Retail space in Bronx
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - A column-free interior, street-facing windows, and a dedicated loading area support a range of commercial layouts.
Where is this retail space located?
The property is located at 5904 Riverdale Avenue Bronx, NY.
What are key features of this property?
This property features: Approximately 2,925 square feet in a one‑story standalone building; Column‑free interior with storefront windows facing Riverdale Avenue; ADA‑compliant, street‑level entrance and dedicated loading/unloading area
