Property profile

1870 Tremont Ave The Bronx, NY 10460

OFF-MARKET
Retail properties & Spaces
55,000 SF Built 1930
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Property summary

AI-generated overview

This exceptional restaurant space, part of a larger 55,000 square foot, Class A building, presents a unique opportunity in the Bronx. Located on White Plains Road, this 800 square foot unit boasts a prime location with high visibility due to its wide frontage and heavy vehicular and pedestrian traffic. Built in 1930, the two-story building offers high ceilings and a well-designed layout, ideal for a variety of food service concepts, including restaurants, quick-service restaurants (QSRs), delis, cafes, or pizzerias. The space is part of a multi-tenant building, offering a vibrant and bustling atmosphere. While there are no elevators in the building, the accessibility of the space is enhanced by its prime street-level location. This is a second-generation restaurant space, meaning previous restaurant infrastructure may be in place, potentially reducing initial setup costs. This is an exceptional opportunity to establish or expand a successful food service business in a high-traffic area of the Bronx, within Bronx County. The space is immediately available for lease.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1930
Total area 55,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1870 Tremont Ave The Bronx, NY 10460
The Bronx metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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