3208 3Rd Ave The Bronx, NY 10451
- Retail properties
- 21,620 SF
Current Use by Public Records
- Mr Discount Department Store / Department Store / Discount Store
Property Details for 3208 3Rd Ave
- Year built
- 1931
- Property size
- 21,620 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional four-story, 21,620-square-foot commercial building is available for sale or lease. Located in the thriving Melrose section of the Bronx, New York (zip code 10451), this property boasts a prime location near a major retail corridor, abundant public transportation, schools, and significant residential developments. The building, constructed in 1931 and completely renovated in 2024, features a modern elevator (installed in 2024), high 20-foot ceilings, and is divisible into spaces as small as 2,500 square feet, with a maximum contiguous space of 21,620 square feet. Currently, the entire 21,620 square feet is vacant, presenting a unique opportunity for a single tenant or multiple occupants. The building comprises four suites in total. Parking is conveniently available via municipal and street options. The property sits on a 6,550-square-foot lot and is classified as Class C. Its strategic location is further enhanced by its proximity to the new Boricua College, Boricua Village (700+ rental units), Saint Ann's Apartments (660+ rental units), La Central (992 rental units), and a 50,000-square-foot YMCA, ensuring high foot traffic and a strong tenant base. This presents a compelling investment opportunity in a rapidly developing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- The Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.9093
- Latitude
- 40.8231
