451 Tremont Ave The Bronx, NY 10457
- Retail space
- 2,500 SF
- 0.06 lot acres
Current Use by Public Records
- ATR Appliances Inc / Appliance Store
Property Details for 451 Tremont Ave
- Year built
- 1931
- Lot size
- 0.06 lot acres
- Property size
- 2,500 SF
- Zone code
- C45X
- Property type
- Retail space
- APN
- 03034-0054
- APU
- 30340054
Description
This exceptional 2,500 square foot storefront at 451 E. Tremont Avenue in the Bronx, New York, presents a unique investment opportunity. Currently vacant, this property offers significant potential for redevelopment. Built in 1931, the single-building structure sits on a 2,500 square foot lot and is zoned C4-5X, permitting both commercial and residential development. The property's prime location offers excellent visibility and accessibility, with convenient proximity to public transportation. Specifically, it's located one block from the Tremont Metro North Station and a short drive from major attractions such as the Bronx Zoo, St. Barnabas Hospital, and Little Italy. The area is experiencing significant revitalization, making this a particularly attractive investment in a rapidly growing neighborhood. The property's mixed-use zoning allows for flexible development options, catering to the increasing demand for urban living and commercial spaces. The ease of access to I-95 further enhances its appeal to both residents and businesses. This is a rare chance to acquire a strategically located property with substantial upside potential in a thriving borough. The asking price is $1,299,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.8987
- Latitude
- 40.8474
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
