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    3531 Boston Rd The Bronx, NY 10469

    Sponsored
    For Lease
    Contact for pricing

    High-traffic Bronx retail space, newly renovated.

    Lot size:
    3,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This newly renovated 3,200 square foot retail strip center is available for lease on Boston Road in the Bronx, New York. Located at 3525-3531 Boston Road, near the intersection with Mickle Avenue, this property boasts a prime location on one of the busiest commercial corridors in the borough, with over 18,000 vehicles passing daily. The building is classified as Class D and offers a total of six parking spaces for customer convenience. The space is currently divided into multiple tenancies, with a barbershop, insurance office, and locksmith currently occupying the units. However, all 3,000 square feet of vacant space can be made available within 30-60 days. The minimum divisible space is 1,000 square feet, with a maximum contiguous space of 3,000 square feet, offering flexibility for various business needs. This location benefits from strong neighboring retailers, including well-known brands such as Clean Rite Center, Arch Autoparts, Burger King, Popeyes, and Walgreens, ensuring a consistent flow of both foot and vehicle traffic. The property's high visibility and convenient location make it an ideal opportunity for businesses seeking a strong presence in a thriving Bronx commercial area. The zip code is 10469.

    Property Features for 3531 Boston Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,200 SF
    Class
    D

    Unit(s) available at that property

    Space
    3525 Boston Road - B
    Size
    1,000 SF
    Space
    3531 Boston Road
    Size
    1,000 SF
    Space
    3525 Boston Road - A
    Size
    1,000 SF

    HighLights

    • Three 1,000 SF retail spaces available for lease.
    • 3,000 SF of contiguous retail space available.
    • Suitable for various retail uses, including medical and restaurant.
    • Rear parking available for customers and employees.
    • Secure roll‑up doors.
    • 0.5 miles from Baychester Ave Subway Station (Line 5).
    Property Profile Location Intelligence

    Current Use by Public Records

    Joseph Inwood Corporation Liquidator Baychester Locksmiths Inc. Locksmith

    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
    -73.8454327
    Latitude
    40.8776532

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    FAQs

    What type of property is this?
    Restaurant - High-traffic Bronx retail space, newly renovated.
    Where is this restaurant located?
    The property is located at 3531 Boston Rd The Bronx, NY.
    What are key features of this property?
    This property features: Three 1,000 SF retail spaces available for lease.; 3,000 SF of contiguous retail space available.; Suitable for various retail uses, including medical and restaurant.
    Request Owner's contact information
    3531 Boston Rd The Bronx, NY 10469
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    The Bronx, NY 10469
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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
    3531 Boston Rd The Bronx, NY 10469
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