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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

279 161St St The Bronx, NY 10451

Property ID
Property summary
AI-generated overview

This exceptional 1,300 square foot retail space is ideally situated at 279 East 161st Street, boasting a prime location in a thriving commercial district. The property is a single-story building with multiple tenancies, offering a versatile space suitable for a variety of retail businesses. Its strategic location places it amidst a vibrant mix of national retailers, ensuring high foot traffic and excellent visibility. The proximity to municipal buildings, a hospital, and numerous office buildings further enhances its appeal, creating a strong customer base and convenient access for employees. The property's single-story design offers easy accessibility and efficient use of space. This is a rare opportunity to secure a well-positioned retail space in a high-demand area. The address is 279 East 161st Street, conveniently located near Morris Avenue. The space is currently available for lease and presents a significant opportunity for businesses seeking a prominent location with high visibility and strong potential for growth. The building itself is a single building, one story high, and features multiple tenancies. This makes it an ideal location for a business looking for a space with a strong sense of community and a diverse customer base. The surrounding area is characterized by a mix of commercial and institutional uses, creating a stable and attractive environment for businesses.

Property profile
Verified
Property type Retail properties & Spaces
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
  • ecoATM Electronics Vending Machine
  • David's Check Cashing Check Cashing
  • Western Union Bank Credit Union
  • Emmalynn Communications INC Mobile Phone Store Electronics & Wireless Store
  • Vigo Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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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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