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    299 161St St Bronx, NY 10451

    Sponsored
    For Lease
    Contact for pricing

    Prime Bronx retail, multiple suites available.

    Lot size:
    13,317 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail property located at 299 E 161st St in the Bronx, New York, offers a unique opportunity for businesses seeking flexible space options. The single-story building boasts a total of 13,317 square feet, divided into three separate suites. Currently, 13,373 square feet are available for lease, providing ample space for a variety of retail concepts. Individual suites range in size from a minimum of 690 square feet to a maximum contiguous space of 9,971 square feet, offering flexibility to accommodate businesses of various scales. The property's location in the Bronx, with a zip code of 10451, provides excellent access to a vibrant and densely populated community. This is an ideal opportunity for businesses looking to establish or expand their presence in a high-traffic area. The building's twelve stories are not relevant to the available retail space, which is all located on a single floor. This prime retail space presents a compelling investment opportunity in a thriving New York City borough. Serious inquiries are encouraged to explore the possibilities of this versatile and well-situated property. Contact us to schedule a viewing and discuss your business needs.

    Property Features for 299 161St St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,317 SF

    Building Details

    Stories
    12

    Unit(s) available at that property

    Space
    Space C
    Size
    9,971 SF
    Space
    Space B
    Size
    2,715 SF
    Space
    Space A
    Size
    687 SF

    HighLights

    • 13,317 square feet total rentable space.
    • Divisible into 687, 2,713, and 9,971 square foot suites.
    • Part of a new mixed‑use development with 155 residential units.
    • 80 feet of glass frontage.
    • High ceilings.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Bronx Vibe Apartments Apartment Building

    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
    Bronx
    County
    Bronx county
    State
    New York
    Longitude
    -73.9169926
    Latitude
    40.8256131

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    FAQs

    What type of property is this?
    Retail property - Prime Bronx retail, multiple suites available.
    Where is this retail property located?
    The property is located at 299 161St St Bronx, NY.
    What are key features of this property?
    This property features: 13,317 square feet total rentable space.; Divisible into 687, 2,713, and 9,971 square foot suites.; Part of a new mixed-use development with 155 residential units.
    Request Owner's contact information
    299 161St St Bronx, NY 10451
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    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
    299 161St St Bronx, NY 10451
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