5690-5700 Riverdale Ave, The Bronx, NY 10471
This exceptional 6,200 square foot retail property, located at 5690-5700 Riverdale Avenue in the Bronx, New York (zip code 10471), presents a compelling investment opportunity. The one-story building, constructed in 1951, sits on a 0.166-acre lot and boasts 80 feet of frontage on Riverdale Avenue, a high-traffic area with 8,365 vehicles passing daily. The property is currently 100% occupied by four established tenants: Connaughton's Riverdale Steak House, Mary-Anne's Fine Clothing & Gifts, KPE Laundry & Cleaners, and Brown's Jewelers. The building comprises 5,100 square feet of ground floor space and an additional 1,080 square feet in the lower level, dedicated to bar and restroom facilities for the restaurant. The property is zoned R4 within a C1-2 overlay and includes six parking spaces. Its convenient location is steps from a bus stop and just one mile from the Riverdale Metro-North train station. Nearby amenities include Chase Bank, Dunkin' Donuts/Baskin Robbins, Key Food, a USPS post office, Riverdale Kosher Market, and Verizon. The property's proximity to Manhattan College, Van Cortlandt Park, the Bronx Zoo, and the New York Botanical Garden further enhances its appeal. This is a rare opportunity to acquire a well-located, fully occupied retail building in a thriving Bronx neighborhood.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.