3981 Boston Rd, New York City, NY 10466
For Lease
1 / 5
This exceptional property at 3981 Boston Road presents a unique opportunity for a variety of businesses. The offering includes a 3,000 square foot showroom/warehouse building situated on a substantial 19,000 square foot lot. The property boasts several key features that make it highly desirable. The lot is fully gated and paved, providing enhanced security and ease of access. Convenient drive-in access is available throughout the property, facilitating efficient loading and unloading. Furthermore, the property benefits from double street access, offering increased visibility and convenient ingress/egress. The M1-1 zoning allows for a range of uses, making it ideal for dealerships, showroom/vehicle storage facilities, rental companies, and various retail applications. The combination of building space and expansive land provides significant flexibility for a wide array of business needs. The property's prime corner location on Boston Road ensures high visibility and accessibility. This is a rare opportunity to acquire a well-situated industrial property with significant potential. The Assessor's Parcel Number (APN) is 4943-1. The property is currently listed as single-tenant occupancy.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M1-1 · Bronx, NYBronx. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.