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    3240 3 Ave The The Bronx, NY 10451

    Sponsored
    For Lease
    Contact for pricing

    500 SF Retail Space Available Now

    Lot size:
    500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 500-square-foot retail space is ideally situated at 3240 3rd Avenue in the vibrant Bronx, New York, zip code 10451. Currently entirely vacant, this property presents a unique opportunity for a single tenant to establish a thriving business in a high-traffic location within Bronx County. The space is categorized as retail, suitable for a variety of uses, including restaurants. The building's total square footage is 500 square feet, offering a manageable and efficient layout for a new venture. The property's address is 3240 3rd Avenue, providing excellent visibility and accessibility for customers. Its location in the Bronx offers access to a diverse and densely populated customer base. This is a multi-tenant building, although this particular space is currently the only available unit. The property is ready for immediate occupancy, allowing for a swift and seamless transition for the new tenant. This presents a rare chance to secure a well-positioned retail space in a bustling area of The Bronx, offering significant potential for growth and success. Interested parties are encouraged to inquire promptly to secure this prime retail opportunity. The property is located at latitude 40.8238178 and longitude -73.9086284.

    Property Features for 3240 3 Ave The

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    500 SF

    Unit(s) available at that property

    Space
    Ground Floor
    Size
    500 SF

    HighLights

    • Currently occupied by Friendlys Barber Shop.
    • High foot traffic in a densely populated residential area.
    • Excellent location between Melrose Metro‑North train station and Prospect Ave subway station.
    • Strong tenant mix nearby, including national and regional brands such as C‑Town, Subway, McDonald's, and Dunkin'.
    Property Profile Location Intelligence

    Current Use by Public Records

    Friendlys Barber Shop Barber Shop 3RD AVE FISH ... Fish And Chips Takeaway ATM Atm Priya Eyebrow Threading ... Beauty Salon

    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
    -73.9086284
    Latitude
    40.8238178

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    FAQs

    What type of property is this?
    Restaurant - 500 SF Retail Space Available Now
    Where is this restaurant located?
    The property is located at 3240 3 Ave The The Bronx, NY.
    What are key features of this property?
    This property features: Currently occupied by Friendlys Barber Shop.; High foot traffic in a densely populated residential area.; Excellent location between Melrose Metro-North train station and Prospect Ave subway station.
    Request Owner's contact information
    3240 3 Ave The The Bronx, NY 10451
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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
    3240 3 Ave The The Bronx, NY 10451
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