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Parkchester Condominiums The The Bronx, NY 10462

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Prime Bronx retail condos, 5 units.

Lot size:
21,000 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional retail opportunity is located within the thriving Parkchester Condominiums in the Bronx, NY (zip code 10462). The property comprises five retail condominium units totaling 21,000 square feet, offering spaces ranging from a minimum of 1,387 square feet to a maximum contiguous space of 3,943 square feet. Currently, 12,354 square feet are vacant, presenting a significant opportunity for immediate occupancy. The Parkchester Condominiums is a large, established community with over 12,271 apartments and 50,000+ residents, creating a substantial built-in customer base. This self-contained community boasts a diverse range of amenities and services, including a major Macy's department store, along with other national retailers such as Starbucks, Walgreens, and Bank of America, ensuring high foot traffic and visibility. The property's strategic location offers easy access via the Cross Bronx Expressway (I-95) and Bronx River Parkway, as well as multiple subway and bus lines. The area also benefits from proximity to major medical centers, further enhancing its appeal and potential. This is an ideal location for a variety of retail businesses, restaurants, or mixed-use ventures, capitalizing on the dense residential population and convenient accessibility. The property's size and layout offer flexibility for various business models, making it a highly attractive investment opportunity in a rapidly growing market. The surrounding area within a one-mile radius has an estimated population of 150,000 residents.

Property Features for 0 Parkchester Condominiums The

General Information

Property type
Lifestyle centers
Lease Type
Gross Lease
RSF (Rentable sq. ft)
21,000 SF

Unit(s) available at that property

Space
Space B2
Size
1,387 SF
Space
Space C2
Size
1,578 SF
Space
Space C3
Size
1,791 SF
Space
Space E1
Size
3,943 SF
Space
Space F4
Size
3,655 SF

HighLights

  • Over 500,000 square feet of retail and service space.
  • Excellent access via I‑95 and the Bronx River Parkway.
  • High‑traffic location near the Parkchester Avenue 6 train station (3,297,378 annual ridership).
  • Strong co‑tenancy with big‑box and chain stores.
  • Situated at the entrance to Parkchester Condominiums, a 50,000‑resident community.
Property Profile Location Intelligence

Current Use by Public Records

Lifestyle centers

Map

City
The Bronx
County
Bronx
State
New York
Longitude
-73.8585714
Latitude
40.8410802

FAQs

What type of property is this?
Lifestyle center - Prime Bronx retail condos, 5 units.
Where is this lifestyle center located?
The property is located at Parkchester Condominiums The The Bronx, NY.
What are key features of this property?
This property features: Over 500,000 square feet of retail and service space.; Excellent access via I-95 and the Bronx River Parkway.; High-traffic location near the Parkchester Avenue 6 train station (3,297,378 annual ridership).
More about this property
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