320 204th St, Unit 326 Bronx, NY 10467-4602
Property Lookup
Property profile & analytics
320 204th St, Unit 326 Bronx, NY 10467-4602
- Retail space
- 10,200 SF
- 0.12 lot acres
Property ID
US63-2142155
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- LevelUp MD Norwood Occupational Health / Occupational Health Service / Occupational Medical Physician
- Ridgewood Savings Bank / Bank / Loan Service
Property Details for 320 204th St
- Year built
- 1930
- Lot size
- 0.12 lot acres
- Property size
- 10,200 SF
- Zone code
- R5D
- Property type
- Retail space
- APN
- 03333-0037
- APU
- 33330037
Description
This exceptional investment opportunity presents a fully occupied, 10,200 square foot, one-story multi-tenant retail building located at 320 E 204th St in the Norwood neighborhood of the Bronx, New York (zip code 10467). The property boasts a 100% occupancy rate, generating a 6.22% cap rate and commanding a price of $588.24 per square foot, with an asking price of $6,000,000. The building features three fully occupied commercial units, offering ground floor retail space and a cellar. Situated on a busy traffic corridor, this property benefits from excellent visibility and high foot traffic. Its strategic location between Hull Ave and Perry Ave provides convenient access to the Norwood - 205th St subway station (D train) and numerous bus lines (BX34, BX28, BX38, & BX16). The area is densely populated with strong retail demand, evidenced by the presence of numerous established businesses nearby, including Dunkin', McDonald's, Boost Mobile, Foodtown, Crunch Fitness, Capital One Bank, Subway, Chase Bank, Family Dollar, Domino's Pizza, Popeyes, Metro by T-Mobile, Texas Chicken & Burgers, and Papa Johns. This is a rare opportunity to acquire a high-performing, fully leased retail property in a thriving Bronx neighborhood. The modified lease structure provides a stable income stream and potential for future growth. The property's strong tenant mix and prime location make it an ideal investment for discerning buyers seeking a stable and appreciating asset.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,670,000
- 6.5%
- $3,390,000
- 7%
- $3,145,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.8784
- Latitude
- 40.8724
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$101,105
$122,850
$831,690
$954,540
-
$273,000
$1,977,000
$2,250,000
