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    200-238 161St St The Bronx, NY 10451

    Sponsored
    For Lease
    Contact for pricing

    Bronx retail center, ample parking.

    Lot size:
    228,638 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Concourse Plaza, located at 200-238 East 161st Street in the Bronx, NY 10451, offers a prime retail opportunity. This multi-tenant commercial property boasts a total of 228,638 square feet, with 70,834 square feet currently vacant. Spaces range from a minimum of 1,260 square feet to a maximum contiguous space of 55,000 square feet, providing flexibility for various business needs. The property features a total of five suites. The plaza benefits from its strategic location just off the Grand Concourse, a major transportation artery connecting Manhattan and the northern Bronx, ensuring high visibility and accessibility. Anchored by a large supermarket, Food Bazaar, Concourse Plaza offers a diverse shopping environment. Ample parking is available with over 1,200 spaces, catering to the convenience of shoppers and employees. Its proximity to Yankee Stadium further enhances its appeal, attracting significant foot traffic before and after events. This exceptional retail space presents a unique investment opportunity in a thriving Bronx location. The property is situated in Bronx County.

    Property Features for 200-238 161St St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    228,638 SF

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    10,173 SF
    Space
    Available Space 3
    Size
    1,701 SF
    Space
    Available Space 4
    Size
    2,700 SF
    Space
    Available Space 1
    Size
    1,260 SF
    Space
    Ground floor
    Size
    55,000 SF

    HighLights

    • Prime Bronx location with excellent accessibility.
    • Strong anchor tenant: Food Bazaar supermarket.
    • Excellent signage opportunities available.
    • Ample parking: Over 1,200 spaces.
    • Convenient proximity to Yankee Stadium.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -73.9201835
    Latitude
    40.8254517

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    FAQs

    What type of property is this?
    Retail property - Bronx retail center, ample parking.
    Where is this retail property located?
    The property is located at 200-238 161St St The Bronx, NY.
    What are key features of this property?
    This property features: Prime Bronx location with excellent accessibility.; Strong anchor tenant: Food Bazaar supermarket.; Excellent signage opportunities available.
    Request Owner's contact information
    200-238 161St St The Bronx, NY 10451
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    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
    200-238 161St St The Bronx, NY 10451
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