Gourmet Market Business with
6469 Broadway, Bronx, NY 10471
For Sale
$500,000
The sale includes fixtures, equipment, goodwill, and transfer of liquor, lotto, and hemp licenses.
Property Size1,092 SF
Price / SF$457.88
Days on Market369
Property Features for 6469 Broadway
General Information
Standard status
Size
Property subtype
Additional Details
Business Included
Building Details
Building Size
Year Built
Listing Agency:
Island Advantage Realty LLC
Listed By:
Jessica Marte
(631) 351-6000
Source:
Sheridanres
Added: Nov 3, 2025
Changed: Oct 31
Last Checked: Nov 6 at 9:52AM
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 Island Advantage Realty LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,092-square-foot gourmet market business is offered without the real estate. The transfer includes fixtures, equipment, goodwill, and liquor, lotto, and hemp licenses, along with an ATM. The kitchen panel is 60 amps, and the subpanel is 55 amps. The property information also notes 24-hour security and two assigned parking spaces within a gated area.
The business operates under a 10-year lease with utilities included and annual increases of 2%.
The business operates under a 10-year lease with utilities included and annual increases of 2%.
Key Highlights
- 1,092‑square‑foot gourmet market business; real estate is excluded
- Liquor, lotto, and hemp licenses transfer with the sale
- Fixtures, equipment, goodwill, and an ATM are included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,683
Cap Rate
5.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,660
$533.7K
Cap Rate 7%
$381,186
$381.2K
Cap Rate 9%
$296,478
$296.5K
Market Conditions
NOI Build-Up for 1,092 SF
Gross rent
$39.3K $36.00/SF
− Vacancy
−$3.7K −$3.42/SF
EGI
$35.6K $32.58/SF
− OpEx
−$8.9K −$8.15/SF
NOI
$26.7K $24.44/SF
Area
Bronx, NY
Vacancy
9.50%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,660
Cap Rate 7%
$381,186
Cap Rate 9%
$296,478
Alternative Uses
Best Use
Specialty Retail
$381.2K
$333.5K – $444.7K
NOI $26,683 @ 7.0% cap · market cap 5.34%
Second Best
Retail
$328.4K
$287.3K – $383.1K
NOI $22,987 @ 7.0% cap · market cap 4.60%
Theoretical Best
Warehouse
$756.7K
$662.1K – $882.8K
NOI $52,968 @ 7.0% cap · market cap 10.59%
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
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,093
Businesses Nearby
18k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 68%
Groceries 19%
Electronics 13%
Sunoco
Shops & Services
6,722 visits/mo
0.5 miles
Chase Bank
Shops & Services
5,174 visits/mo
0.5 miles
C-Town Supermarkets
Groceries
3,334 visits/mo
0.3 miles
Verizon
Electronics
2,355 visits/mo
0.5 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Key Food Supermarkets — 5661 Riverdale Ave, Bronx, NY 10471
- Riverdale Kosher Market — Key Food Shopping Center, 5683 Riverdale Ave, Bronx, NY 10471
- Saratoga Market — 208 Saratoga Ave, Yonkers, NY 10705
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - The sale includes fixtures, equipment, goodwill, and transfer of liquor, lotto, and hemp licenses.
Where is this grocery and convenience store located?
The property is located at 6469 Broadway Bronx, NY.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 1,092‑square‑foot gourmet market business; real estate is excluded; Liquor, lotto, and hemp licenses transfer with the sale; Fixtures, equipment, goodwill, and an ATM are included
