2929 3 Ave The The Bronx, NY 10455
- Retail residential properties
- 27,730 SF
- 0.13 lot acres
Current Use by Public Records
- BXL Business Incubator / Office Space Rental Agency / Real Estate Agency
- See & See Department Store / Department Store
- New York Women's Chamber of Commerce / Chamber Of Commerce
- UMAC Painting & Decorating LLC. / Painter
- 3rd Eye Pix / Photography Service
Property Details for 2929 3 Ave The
- Year built
- 1931
- Lot size
- 0.13 lot acres
- Property size
- 27,730 SF
- Zone code
- C4-4
- Property type
- Retail residential properties
- APN
- 02374-0048
- APU
- 23740048
Description
This exceptional commercial property at 2929 3rd Avenue, near the bustling intersection of 152nd Street in the Bronx, offers a unique opportunity for businesses seeking versatile space. The building, zoned C4-4, encompasses a total of 27,370 square feet and features two suites. Currently, 7,800 square feet of space is immediately available, divisible into units as small as 3,300 square feet, with a maximum contiguous space of 7,800 square feet. Ideal for retail, office, or restaurant uses, including medical practices, this property is perfectly situated to capitalize on high foot traffic and strong local demographics. The building includes elevators for convenient access to all levels. This location provides easy access to major transportation routes, ensuring convenient commutes for employees and customers alike. The property is suitable for build-to-suit options for qualified retail credit tenants. This is a rare opportunity to secure a prominent location in a thriving Bronx neighborhood. The address is 2929 3rd Ave, Bronx, NY 10455, in Bronx County. Don't miss this chance to establish your business in this dynamic area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,350,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,040,000
- 6.5%
- $4,015,000
- 7%
- $3,935,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,775,000
- Geo Method
- $4,105,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,520,000
- Retail
- $4,750,000
- Mixed-Use
- $4,815,000
- Hospitality
- $4,700,000
- Educational
- $4,730,000
- Residential Income
- $3,730,000
- Energy
- $4,685,000
- Income-Based Land
- $3,635,000
- Food Service
- $3,940,000
Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.9159
- Latitude
- 40.8177
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
