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    OFF-MARKET
    Lifestyle centers

    The Peartree Sq, The Bronx, NY 10475

    64,855 SF
    Property ID
    Property summary
    AI-generated overview

    Peartree Square Shopping Center in the Bronx, NY, offers an exceptional retail opportunity. This 64,855 square foot shopping center currently has three vacant suites available, ranging from a minimum of 2,817 square feet to a maximum contiguous space of 56,038 square feet. The property is ideally situated across from the large Co-op City residential development, providing immediate access to a substantial customer base of over 50,000 residents. The center benefits from high visibility due to its location at the intersection of Co-op City Boulevard and Peartree Avenue, and features ample parking with 600 spaces available. Its convenient location offers easy access to major transportation arteries, including I-95 and the Hutchinson River Parkway, ensuring excellent accessibility for both customers and employees. The property is classified as a multi-tenant retail shopping center in Bronx County, NY, with a zip code of 10475. This presents a unique chance to establish a presence in a thriving community with significant foot traffic and strong potential for growth. The entire center is currently vacant, offering a blank canvas for a new tenant or a group of tenants to create a vibrant retail destination.

    Property profile
    Verified
    Property type Lifestyle centers
    Total area 64,855 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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