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    32-33 Ampere Ave Bronx, NY 10465

    For Sale
    $3,500,000

    Bronx, NY: Cash-flowing commercial & residential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional mixed-use investment property, located at 32-33 Ampere Avenue in the Country Club/Pelham Bay section of the Bronx, presents a compelling opportunity. Priced at $3,500,000, this two-story all-brick building offers a blend of commercial and residential income streams. The ground floor comprises three retail units: a pizzeria, a laundromat, and a vacant former nail salon with prospective tenants. The second floor features three residential apartments—two one-bedroom units and one two-bedroom unit. This property benefits from its convenient location, offering easy access to major transportation arteries. A short five-minute drive or twenty-minute bus ride leads to the Mall at Bay Plaza, while Manhattan is easily accessible by car. The property is also situated near a local hospital, the Bruckner Expressway (I-95), and various local businesses. A bus stop is within a ten-minute walk. While the square footage is currently unavailable, this property's strong cash flow and diverse tenant base make it an attractive investment. All information should be independently verified. Please note: Do not disturb tenants.

    Property Features for 32-33 Ampere Ave

    General Information

    Property type
    Office Properties & Spaces

    HighLights

    • Exceptional mixed‑use investment property in the Bronx's Country Club/Pelham Bay area, priced at $3,500,000.
    • Two‑story all‑brick building with three ground‑floor retail units (pizzeria, laundromat, and vacant former nail salon) and three residential apartments (two 1‑bedroom, one 2‑bedroom) upstairs.
    • Strong cash flow and diverse tenant base.
    • Convenient location near the Mall at Bay Plaza, I‑95, a local hospital, and public transportation.
    • All information must be independently verified.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    36005
    State
    New York
    Longitude
    -73.819536
    Latitude
    40.8464252

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    FAQs

    What type of property is this?
    Office Property / Space - Bronx, NY: Cash-flowing commercial & residential
    Where is this office property / space located?
    The property is located at 32-33 Ampere Ave Bronx, NY.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: Exceptional mixed-use investment property in the Bronx's Country Club/Pelham Bay area, priced at $3,500,000.; Two-story all-brick building with three ground-floor retail units (pizzeria, laundromat, and vacant former nail salon) and three residential apartments (two 1-bedroom, one 2-bedroom) upstairs.; Strong cash flow and diverse tenant base.
    (917) 968-8990
    Request Owner's contact information
    32-33 Ampere Ave Bronx, NY 10465
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    Bronx, NY 10465
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    32-33 Ampere Ave Bronx, NY 10465
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