2922 3Rd Ave The Bronx, NY 10455

Property Details for 2922 3Rd Ave

Year built

1931

Lot size

0.17 lot acres

Property size

22,305 SF

Zone code

C4-4

Property type

Retail residential properties

APN

02362-0021

APU

23620021

Description

This exceptional investment opportunity presents a 44,610-square-foot retail and office building located at 2922 Third Avenue in the Bronx, New York, 10455. Situated on a 7,450-square-foot lot at the corner of Third Avenue and 152nd Street, this property boasts a prime location in the vibrant South Bronx, benefiting from an average daily traffic count exceeding 12,000 vehicles. The building currently features retail spaces across the lower level, ground floor, and second floor. Its strategic position along the bustling Third Avenue corridor places it amongst several national retailers including Foot Locker, ALDI, FIVE Below, Marshalls, GNC, Burlington, and Home Goods, as well as numerous popular quick-service restaurants. Adding to its convenience, the property enjoys proximity to the 3 Avenue-149 Street subway station (2 and 5 lines). The building is currently vacant and offered at an asking price of $11,950,000. Within a one-mile radius, the area boasts a substantial population of 175,599, 65,192 households, and a daytime population of 105,304, underscoring the significant market potential. The property is zoned C4-4, R7-2. This presents a rare chance to acquire a substantial, well-located commercial property in a thriving area.

Location Insight

City

Bronx

County

Bronx

State

New York

Longitude

-73.9152

Latitude

40.8172

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments