Property profile

258 138th St Bronx, NY 10451

OFF-MARKET
Office buildings
Property ID
US63-0722340
3,310 SF 0.02 ac lot Built 1931
Entity Owned 17-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,000-square-foot executive office space at 258 East 138th Street in The Bronx, New York (zip code 10451), presents a unique opportunity for businesses seeking a versatile and strategically located footprint. The property is a single-tenant space, offering a clean, customizable "white box" interior with a 12-foot ceiling height, perfect for immediate occupancy and tailored build-outs. Its retail and office zoning provides flexibility for a variety of uses. The location within a thriving, mixed-use neighborhood boasts high foot traffic due to its proximity to subway stations and ongoing residential developments, ensuring excellent visibility and accessibility. This vibrant area offers a diverse demographic and a strong commercial mix, with nearby popular fast-food chains, local restaurants, banks, and essential services, creating a consistent flow of potential customers. The surrounding area's high residential density, coupled with nearby office spaces, guarantees a steady stream of both local residents and daily commuters. This property is an ideal choice for businesses seeking a high-traffic, easily adaptable space in a rapidly developing and densely populated area of The Bronx. The address is 258 E 138th St, The Bronx, NY 10451.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1931
Total area 3,310 SF
Lot 0.02 ac (1,051 SF)
Zoning code M14R7X
APN 02320-0073
UPID US63-0722340

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
  • Employment Agency

Location

258 138th St Bronx, NY 10451-6428
Bronx metro Census 5100 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$891k
Blend (final) Blend
$690k

Owner & transaction history

since 2009
3 recorded transactions
2022
Price N/A
2009
$205,000
1997
$24,000

Zoning & alternative use

M14R7X · 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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