1506 Bronxdale Ave, Bronx, NY 10462-3304
This exceptional commercial property presents a rare investment opportunity in the thriving Bronx, situated at the crossroads of Parkchester and Morris Park. Priced at $1,390,000, this 1,546 square foot retail space sits on a 0.06-acre lot and is currently operating as a successful Asian restaurant, included in the sale. The property's strategic location offers unparalleled access to the highly anticipated Metro North Parkchester station, slated to open in 2026, a mere 5-minute walk away. This convenient proximity promises increased foot traffic and enhanced visibility for future businesses. The building is zoned R6-1 & C2-4, providing flexibility for a variety of commercial uses. The main floor features a well-equipped kitchen and spacious dining area, perfectly suited for restaurant operations or adaptable to other retail ventures. A full basement provides ample storage and office space, adding to the property's functionality and value. This turnkey operation offers immediate income potential and significant long-term growth prospects, making it an ideal investment for savvy entrepreneurs and seasoned investors alike. The property's prime location, combined with the upcoming Metro North station and versatile zoning, ensures a strong return on investment. Don't miss this chance to own a piece of the Bronx's vibrant commercial landscape.
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Lin’s Asian Cuisine Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R4 · Bronx, NYBronx. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.