589 138Th St, The Bronx, NY 10454
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.