2431 Grand Concourse The The Bronx, NY 10468
This exceptional Class A retail and restaurant space, totaling 10,000 square feet, presents a remarkable investment opportunity in the heart of The Bronx. Located at 2431 Grand Concourse, this property boasts a prime location at the intersection of Grand Concourse and East Fordham Road, offering unparalleled visibility and accessibility. The building, constructed in 1928 and renovated the same year, features a multi-level layout spanning two stories. The ground floor encompasses 4,500 square feet, complemented by a 2,000 square foot mezzanine level and a 2,500 square foot second floor. This versatile space is ideal for a variety of uses, from a large-scale restaurant to a multi-tenant retail operation. The property benefits from a significant 50-foot frontage on Grand Concourse, ensuring high foot traffic and brand visibility. Additional benefits include rooftop signage opportunities, maximizing marketing potential. This is a rare chance to acquire a substantial, well-located commercial property in a thriving Bronx neighborhood. The property is situated in Bronx County, New York, with a zip code of 10468. This multi-level space offers significant potential for a discerning investor or business owner seeking a high-impact location. The building consists of one structure, providing a cohesive and easily managed space.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.