2175 Jerome Ave Bronx, NY 10453-1819
- Retail space
- 5,329 SF
- 0.12 lot acres
Current Use by Public Records
- Victor M. Pichardo New York State Assembly / Government Office
- Botanica Patron Santiago / Religious Goods Store
- Bellissima Beauty Studio / Hair Salon / Beauty Salon
Property Details for 2175 Jerome Ave
- Year built
- 2008
- Lot size
- 0.12 lot acres
- Property size
- 5,329 SF
- Zone code
- R7A
- Property type
- Retail space
- APN
- 03195-0084
- APU
- 31950084
Description
This exceptional retail space, located at 2175C Jerome Avenue in the Bronx, New York, offers a fantastic opportunity for a variety of businesses. Built in 2008, the single-tenant property boasts a total of 5,330 square feet, spread across one story. The main retail area comprises 1,000 square feet, complemented by a full basement offering additional storage or expansion potential. The property benefits from excellent visibility thanks to floor-to-ceiling windows, ensuring high foot traffic and brand exposure. Modern amenities include central air conditioning and heating, providing a comfortable environment year-round. The property's location on Jerome Avenue in the Bronx, NY 10453, places it within a bustling commercial area with high traffic volume, making it ideal for a diverse range of businesses, including quick-service restaurants (QSR), food establishments, offices, medical practices, and non-profit organizations. While parking information is not available, the property's prime location offers easy access to public transportation and major roadways. This is a rare opportunity to secure a well-maintained, modern retail space in a high-traffic area of the Bronx.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $530,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $555,000
- 6.5%
- $470,000
- 7%
- $515,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $585,000
- Geo Method
- $475,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $465,000
- Retail
- $545,000
- Mixed-Use
- $560,000
- Hospitality
- $580,000
- Educational
- $555,000
- Residential Income
- $560,000
- Energy
- $590,000
- Income-Based Land
- $465,000
- Food Service
- $580,000
Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.9055
- Latitude
- 40.8563
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
