Bronxdale Avenue Retail
For Sale
Contact for pricing
1598 Bronxdale Ave The, Bronx, NY 10462
Retail space available for purchase on Bronxdale Avenue.
Property Size3,500 SF
Price / SF$642.86
Days on Market1268
Property Features for 1598 Bronxdale Ave The
General Information
Standard status
Active
Size
3,500 SF
Property subtype
Retail
Zoning
C8-1
Building Details
Buildings
3
Stories
1
Listing Agency:
Ariel Property Advisors
Listed By:
Jason Gold · License #NY 10301214771
(212) 544-9500
Source:
Crexi
Added: May 12, 2023
Changed: Oct 26
Last Checked: Oct 30 at 2:19PM
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 Ariel Property Advisors
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A 3,500 square foot retail space is available for purchase. The property is located on Bronxdale Avenue.
Key Highlights
- No property information was provided to extract selling points.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,473
Cap Rate
3.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,349,460
$1.3M
Cap Rate 7%
$963,900
$963.9K
Cap Rate 9%
$749,700
$749.7K
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$105.0K $30.00/SF
− Vacancy
−$8.6K −$2.46/SF
EGI
$96.4K $27.54/SF
− OpEx
−$28.9K −$8.26/SF
NOI
$67.5K $19.28/SF
Area
ZIP 10462
Vacancy
8.20%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,349,460
Cap Rate 7%
$963,900
Cap Rate 9%
$749,700
Alternative Uses
Best Use
Retail
$963.9K
$843.4K – $1.12M
NOI $67,473 @ 7.0% cap · market cap 3.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $116,901 @ 7.0% cap · market cap 5.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5,146
Businesses Nearby
100k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 51%
Dining 28%
Groceries 13%
Apparel 5%
Dollar Tree
Shops & Services
22,837 visits/mo
0.5 miles
Golden Corral
Dining
17,648 visits/mo
0.2 miles
AutoZone
Shops & Services
10,451 visits/mo
0.4 miles
Met Food
Groceries
8,261 visits/mo
0.4 miles
Citibank
Shops & Services
7,873 visits/mo
0.5 miles
Demographics for 10462, NY
84,655
Population
31,828
Households
2.7
Avg Household Size
37
Median Age
28%
College-Educated
83%
High-School Grad
1.5 sq mi
ZIP Area
56,437
Density / Sq Mi
$63,460
Median Household Income
$42,383
Median Earnings
$1,711
Median Rent
$372,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Retail space available for purchase on Bronxdale Avenue.
Where is this retail space located?
The property is located at 1598 Bronxdale Ave The Bronx, NY.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: No property information was provided to extract selling points.
