4417 3rd Ave Bronx, NY 10457-2555
- Investment properties
- 6,000 SF
- 0.06 lot acres
Current Use by Public Records
- Christ Embassy Youth Church Acts29 / Church
Property Details for 4417 3rd Ave
- Year built
- 1931
- Lot size
- 0.06 lot acres
- Property size
- 6,000 SF
- Zone code
- C44D
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 03048-0050
- APU
- 30480050
Description
This exceptional 2,000 square foot retail space is ideally situated in the vibrant Belmont neighborhood of the Bronx, New York. Located on Third Avenue between East 181st and East 182nd Streets, this single-tenant property offers unparalleled accessibility. The property benefits from high foot traffic and proximity to the 182-183 Streets subway station (B & D trains), ensuring convenient access for customers and employees. Numerous bus lines also serve the area, including the BX15, BX40, BX42, BX41-SBS, BX41, and BX17. The location boasts a strong mix of established businesses, creating a thriving commercial environment. Nearby tenants include a diverse range of businesses, such as New Palace Paint And Supply, Salvation Army Community Center, Antojitos Elohim, 7-Eleven, Cachapa Cachapa, Frank's Sports Shop, Bravo Supermarkets, White Castle, Hawaii Lounge and Tapas Bar, McDonald's, Popeyes Louisiana Kitchen, Boost Mobile, Enzo's of Arthur Avenue, and Zero Otto Nove. This property presents a unique opportunity for a business seeking a high-visibility location in a densely populated and commercially active area of the Bronx. The property includes a backyard area, adding further value and potential for outdoor use. The property is categorized as retail space with a backyard, and is a single-tenant occupancy. The property is located in Bronx County, New York, with a zip code of 10457.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,720,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,480,000
- 6.5%
- $1,385,000
- 7%
- $1,430,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,540,000
- Geo Method
- $1,405,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,700,000
- Retail
- $1,650,000
- Mixed-Use
- $1,755,000
- Hospitality
- $1,290,000
- Educational
- $1,275,000
- Residential Income
- $1,675,000
- Energy
- $1,620,000
- Income-Based Land
- $1,580,000
- Food Service
- $1,495,000
Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.8934
- Latitude
- 40.8519
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
