Property profile

1480 Williamsbridge Rd Bronx, NY 10461

OFF-MARKET
Retail space
Property ID
US63-5488929
2,400 SF 0.06 ac lot Built 1961
Entity Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional business opportunity presents a well-established deli located at 1480 Williamsbridge Road in the Bronx, New York. Situated on a 0.06-acre lot, this thriving business offers a diverse range of products and services, including lottery tickets, cigarettes, ATM access, and beer sales. The deli benefits from a high volume of foot traffic due to its strategic location near schools, hospitals, and shopping centers, ensuring a consistent customer base. The current setup provides a solid foundation for continued success, but also allows for significant customization and expansion to cater to evolving market demands. The business is priced at $180,000, representing a compelling investment in a proven, profitable enterprise. This is an ideal opportunity for an owner-operator seeking to establish themselves in a vibrant and densely populated area of the Bronx. The existing infrastructure and loyal customer base provide a strong platform for growth and profitability. The diverse product offerings cater to a wide range of customer needs, contributing to the business's overall success. This turnkey operation requires minimal initial investment beyond the purchase price, making it an attractive proposition for entrepreneurs seeking a relatively low-risk entry into the food and beverage industry. The prime location ensures high visibility and accessibility, maximizing potential for increased revenue and market share. Don't miss this chance to acquire a well-established business with significant growth potential in a thriving Bronx neighborhood.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1961
Total area 2,400 SF
Lot 0.06 ac (2,425 SF)
Zoning code R6
APN 04081-0001
UPID US63-5488929

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop

Location

1480 Williamsbridge Rd Bronx, NY 10461-2505
Bronx metro Census 20000 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$575k
CAP Approach CAP
$775k
Comparable Approach Comparable
$606k
Blend (final) Blend
$575k

Owner & transaction history

since 2018
7 recorded transactions
2020
Price N/A
2018
Price N/A
2018
$4.3M
2018
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R6 · Bronx, NY

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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