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    1179 233rd St Bronx, NY 10466-3386

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    1179 233rd St Bronx, NY 10466-3386


    • Retail space
    • 9,500 SF
    • 0.31 lot acres
    Off-Market
    Property ID
    US63-3822685
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $3,410,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Rite Aid Pharmacy / Pharmacy
    • Rite Aid / (Bike/Boat/Book/etc) Store / Cosmetic Store
    • Rite Aid Photo / (Bike/Boat/Book/etc) Store
    • higi / Physician
    • Ijeoma Eze / Pharmacy

    Property Details for 1179 233rd St

    Year built
    1996
    Lot size
    0.31 lot acres
    Property size
    9,500 SF
    Zone code
    R4
    Property type
    Retail space
    APN
    04954-0075
    APU
    49540075

    Description

    This exceptional 9,500 square foot free-standing retail building presents a unique investment opportunity in a bustling Bronx neighborhood shopping center. Located on Baychester Avenue, this single-story structure boasts a C2-1, C1-1 zoning designation, offering considerable flexibility for a variety of commercial uses, including retail, office, or medical spaces. The entire building is currently vacant, providing a blank canvas for a new tenant to customize the space to their exact specifications. The property features excellent visibility and accessibility, enhanced by the availability of a pylon sign. The asking rent is $30,000 per month, plus common area maintenance (CAM) and taxes. This represents a significant opportunity for businesses seeking a high-profile location with ample space in a thriving commercial area. The building's size and zoning make it suitable for a wide range of businesses, from large retail operations to medical practices or office spaces. Its free-standing nature provides excellent branding opportunities and independent control over the property. The location within a well-established shopping center ensures high foot traffic and visibility, maximizing the potential for success. Don't miss this chance to secure a prime commercial property in a rapidly growing area of the Bronx.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $3,335,000
      6.5%
      $3,075,000
      7%
      $2,855,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,302,000
      Market price range: $872k - $2.64M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $5,640,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.843
    Latitude
    40.8891
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $96,910
    $92,250
    $822,690
    $914,940
    -
    $205,000
    $2,191,000
    $2,396,000
    More about this property
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