120 228th St Bronx, NY 10463-6635
- Retail residential properties
- 59,718 SF
- 0.29 lot acres
Current Use by Public Records
- Retail residential properties
Property Details for 120 228th St
- Year built
- 1930
- Lot size
- 0.29 lot acres
- Property size
- 59,718 SF
- Zone code
- R6
- Property type
- Retail residential properties
- APN
- 02215-0591
- APU
- 22150591
Description
This exceptional retail property, constructed in 1930, presents a unique investment opportunity in the heart of New York City. Located at 120 W 228th St, New York, NY 10463, this Class B building boasts a total of 4,512 square feet across five commercial suites. Currently, 542 square feet of retail space is available, ideal for a variety of businesses. The building's seven stories also house 59 residential apartments, creating a vibrant and bustling environment. While the building does not have an elevator, its convenient location offers easy access to Broadway and the Major Deegan Expressway, ensuring high visibility and foot traffic. On-site laundry facilities and additional storage space are available for tenants at an extra cost. This multi-tenant retail building in New York County represents a strong investment in a densely populated area with significant potential for growth. The property's history and established presence in the community provide a solid foundation for future success. The available space offers a chance to establish a thriving business within a well-maintained building. This is a rare opportunity to acquire a piece of New York City's rich commercial landscape.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- New York
- State
- New York
- Longitude
- -73.9088
- Latitude
- 40.8762
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
