Third Avenue Retail Corridor
For Sale
Contact for pricing
3208 Third Ave, Bronx, NY 10451
Located in a high-density area near mass transportation and schools.
Property SizeContact for details
Days on Market915
Property Features for 3208 Third Ave
General Information
Standard status
Active
Class
B
Property subtype
Mixed Use, Office, Retail
Zoning
C4-4
Lease Type
NNN
Investment Type
Value Add
Building Details
Year Built
1931
Year Renovated
2024
Buildings
1
Stories
3
Tenancy
Multi
Listing Agency:
JLR Realty Inc
(212) 843-9713
Listed By:
Jesse Rubens · License #NY10311208801
Source:
Crexi
Added: Feb 6, 2024
Changed: Aug 8
Last Checked: Aug 8 at 4:03AM
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 JLR Realty Inc
Investment Insights
Based on property information with market context.
Located in the New York City borough of the Bronx, Melrose is a residential area recognized as part of the South Bronx. It is a rectangular neighborhood, with Third Avenue forming the eastern border, 149th Street to the south, Park Avenue to the west, and 161st Street to the north. Melrose Avenue and Third Avenue are the primary thoroughfares running through the area. The Hub-Third Avenue Business Improvement District is a well-known local shopping district situated at the point where five major roads meet, such as East 149th Street, Westchester, Willis, Melrose, and Third Avenues. This retail area is second in size to Fordham Road. The property is located in a retail corridor, near mass transportation, schools and across the street from the new Boricua College in a high-density area. The property is steps away from the new Boricua Village over 700 rental units, Saint Ann’s Apartments over 660 rental units, La Central: South Bronx’s newest rental community consisting of 992 rental units, and a 50,000 SF state-of-the-art YMCA. Neighbors include Foot Locker, ALDI, Five Below, Marshalls, GNC, Burlington, Home Goods, Dunkin’, Family Dollar, Food Bazaar, McDonald’s, Chipotle, T-Mobile, Popeyes, Rite Aid, Retro Fitness, BP, Panda, Speedway, CVS, City Agencies, Daycares, Schools and QSR’s.
Key Highlights
- Located on Third Avenue, one of the busiest corridors in the Bronx.
- Situated in a high‑density area near mass transportation and schools.
- Close proximity to major residential developments: Boricua Village (700+ units), Saint Ann’s Apartments (660+ units), and La Central (992 units).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,942
Businesses Nearby
Explore this area
Business Placement
Demographics for 10451, NY
51,536
Population
21,850
Households
2.4
Avg Household Size
36
Median Age
21%
College-Educated
74%
High-School Grad
1.1 sq mi
ZIP Area
46,851
Density / Sq Mi
$37,111
Median Household Income
$35,765
Median Earnings
$1,269
Median Rent
$263,500
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Located in a high-density area near mass transportation and schools.
Where is this mixed-use property located?
The property is located at 3208 Third Ave Bronx, NY.
What are key features of this property?
This property features: Located on Third Avenue, one of the busiest corridors in the Bronx.; Situated in a high‑density area near mass transportation and schools.; Close proximity to major residential developments: Boricua Village (700+ units), Saint Ann’s Apartments (660+ units), and La Central (992 units).
