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    OFF-MARKET
    Retail properties & Spaces

    597 138Th St, The Bronx, NY 10454

    32,034 SF 7850 ac lot Built 1920
    Property ID
    Property summary
    AI-generated overview

    This exceptional single-tenant retail space, located at 597 E 138th St in the Bronx, NY 10454, offers 851 square feet of immediate occupancy in a larger building. Situated on a substantial 7,850-acre lot, the property boasts a prime location at the crossroads of St. Anns and Cypress Avenues. The building itself is a six-story, Class C structure, totaling 32,034 square feet, originally constructed in 1920 and renovated in 1974. Parking is available on the street. The property is zoned R6, C1-4, providing flexibility for a variety of uses. The building's history includes a previous use as an electronics store, making it suitable for a range of retail or office applications. The landlord is open to considering various uses for the space, presenting a unique opportunity for prospective tenants. The property's substantial size and location in the Bronx offer significant potential for growth and development. The property's tax parcel number (APN) is 2-2551-65. This is a rare opportunity to acquire a well-located, versatile commercial space in a thriving Bronx neighborhood. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1920
    Total area 32,034 SF
    Lot 7850 ac (341,946,000 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • First Computer Doctor IT Consulting Firm (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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