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    OFF-MARKET
    Retail properties & Spaces

    589 138Th St, The Bronx, NY 10454

    7,500 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional retail property at 589 E 138th Street in Bronx County offers a fantastic opportunity for businesses seeking high-visibility space. The building totals 7,500 square feet and is currently fully vacant, presenting a unique chance to customize the space to perfectly suit your needs. The property features two suites, with a minimum divisible space of 2,500 square feet and a maximum contiguous space of 5,000 square feet, providing flexibility for various business models. The building is a two-story structure, boasting impressive 18-foot ceiling heights on the ground floor, creating a spacious and inviting atmosphere. This prime location in the Bronx offers excellent visibility and accessibility, making it an ideal spot to establish or expand your retail operation. The entire 7,500 square feet is available for lease, allowing for a single tenant to occupy the entire building or for two separate tenants to occupy the divisible units. This is a rare opportunity to secure a substantial retail space in a desirable Bronx location. The property's size and layout offer significant potential for a variety of retail uses. Don't miss this chance to secure your ideal retail space in a thriving area.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 7,500 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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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