Parkchester Condominiums The The Bronx, NY 10462

Property Details for 0 Parkchester Condominiums The

Property size

21,000 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

This exceptional retail opportunity is located within the thriving Parkchester Condominiums in the Bronx, NY (zip code 10462). The property comprises five retail condominium units totaling 21,000 square feet, offering spaces ranging from a minimum of 1,387 square feet to a maximum contiguous space of 3,943 square feet. Currently, 12,354 square feet are vacant, presenting a significant opportunity for immediate occupancy. The Parkchester Condominiums is a large, established community with over 12,271 apartments and 50,000+ residents, creating a substantial built-in customer base. This self-contained community boasts a diverse range of amenities and services, including a major Macy's department store, along with other national retailers such as Starbucks, Walgreens, and Bank of America, ensuring high foot traffic and visibility. The property's strategic location offers easy access via the Cross Bronx Expressway (I-95) and Bronx River Parkway, as well as multiple subway and bus lines. The area also benefits from proximity to major medical centers, further enhancing its appeal and potential. This is an ideal location for a variety of retail businesses, restaurants, or mixed-use ventures, capitalizing on the dense residential population and convenient accessibility. The property's size and layout offer flexibility for various business models, making it a highly attractive investment opportunity in a rapidly growing market. The surrounding area within a one-mile radius has an estimated population of 150,000 residents.

Location Insight

City

The Bronx

County

Bronx

State

New York

Longitude

-73.8586

Latitude

40.8411