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    1382 Shakespeare Ave The Bronx, NY 10452

    Sponsored
    For Lease
    Contact for pricing

    Bronx Shopping Center - 12,200 SF Available

    Lot size:
    12,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity presents a fully vacant 12,200 square foot shopping center located at 1382 Shakespeare Avenue in the Bronx, New York, zip code 10452. The property is classified as a multi-tenant retail space, offering significant flexibility for prospective tenants. The building's total area is 12,200 square feet, with divisible spaces available ranging from a minimum of 4,000 square feet to a maximum contiguous space of 8,200 square feet. This allows for a variety of configurations to suit different business needs and scales. The property's prime location in Bronx County offers excellent visibility and accessibility, making it an ideal location for businesses seeking high foot traffic and strong community engagement. The entire space is currently vacant, presenting a unique chance for a single tenant to occupy the entire building or for multiple tenants to establish a vibrant retail hub. This is a rare opportunity to secure a substantial retail presence in a thriving Bronx neighborhood. The property is situated at 40.8418758 latitude and -73.9210561 longitude. Serious inquiries are encouraged to explore this exceptional retail investment.

    Property Features for 1382 Shakespeare Ave

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,200 SF

    Unit(s) available at that property

    Space
    Oudoor Space
    Size
    4,000 SF
    Space
    Ground Floor
    Size
    8,200 SF

    HighLights

    • Exclusive‑use outdoor backyard.
    • Excellent residential location.
    • Ground‑floor retail space at the base of a 127‑unit building.
    • 8,200 SF of raw space available.
    • Includes 4,000 SF of outdoor space.
    • 15' ceiling height.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medlife Ambulette Handicapped Transportation Service 1382 Shakespeare Apartment Building Brikama Association New ... Non-Profit Organization

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    The Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.9210561
    Latitude
    40.8418758

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    FAQs

    What type of property is this?
    Lifestyle center - Bronx Shopping Center - 12,200 SF Available
    Where is this lifestyle center located?
    The property is located at 1382 Shakespeare Ave The Bronx, NY.
    What are key features of this property?
    This property features: Exclusive-use outdoor backyard.; Excellent residential location.; Ground-floor retail space at the base of a 127-unit building.
    Request Owner's contact information
    1382 Shakespeare Ave The Bronx, NY 10452
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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
    1382 Shakespeare Ave The Bronx, NY 10452
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