1285 Shakespeare Ave - Storefront Retail/Residential FOR SALE


Bronx, NY 10452- Highbridge
$1,150,000 USD
973-873-8444
1285 Shakespeare Ave, Bronx, NY for Sale
$1,150,000 USD
Storefront Retail/Residential - FOR SALE
1/14
null | 9.85% Cap Rate

1285 Shakespeare Ave
Bronx, NY 10452
Highbridge


HIGHLIGHTS

  • CORNER PROPERTY
  • GREAT ZONING
  • TALL COMMERICAL CEILING HEIGHT
  • ALL 3 BEDROOM RESIDENTIAL UNITS
  • FULLY FREE MARKET

OVERVIEW

Delivered completely vacant, 1285 Shakespeare Ave presents a rare opportunity for investors, owner-users, and entrepreneurs seeking a highly versatile mixed-use asset with significant upside potential. This three-story corner property features a spacious commercial space with soaring 17-foot ceilings, offering exceptional flexibility for a variety of business uses. The layout is particularly well-suited for a bodega, convenience store, neighborhood market, or retail operation, providing excellent visibility and exposure from its prominent corner location. Above the commercial space are two residential units, each configured as a spacious 3-bedroom apartment, creating strong income-producing potential or the opportunity for owner occupancy. Adding to its appeal, the property benefits from favorable zoning that may offer future value-add and redevelopment opportunities (buyers should conduct their own due diligence regarding zoning and development potential).

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$348 USD /SF

CAP RATE

9.85%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Convenience Store, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,324 SF

ZONING

R7-1

APN/PARCEL ID

02519-0026

ASK ABOUT THIS PROPERTY

Avraham BirnbaumTwelve Stones Realty LLCMore Info
973-873-8444

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Avraham BirnbaumTwelve Stones Realty LLCMore Info
973-873-8444

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.