2175 E Tremont Ave - Specialty FOR SALE


Bronx, NY 10462- Van Nest | 
$1,500,000 USD
855-450-0442
2175 E Tremont Ave, Bronx, NY for Sale
$1,500,000 USD
Specialty - FOR SALE
1/13
null | Request Cap Rate

NEW


2175 E Tremont Ave
Bronx, NY 10462
Van Nest


HIGHLIGHTS

  • 168.42 ft of continuous East Tremont Avenue frontage, offered for the first time in over 50 years
  • C8-2 permits auto repair and service as of right, delivered vacant with no tenancy to unwind
  • Blocks from the planned Parkchester/Van Nest Metro-North station, Penn Station Access service targeted 2027

OVERVIEW

First time offered in over 50 years. 2175 East Tremont Avenue is a C8-2 commercial parcel with 168.42 feet of continuous frontage, improved with a vacant one story auto repair building of approximately 500 SF built in 1950. Delivered vacant at closing with no tenancy to unwind. C8-2 permits automotive repair and service as of right along with retail, office, general service commercial and community facility uses, so an operator takes possession without entitlement risk. Real estate taxes are $4,957 per year, roughly $413 per month, supporting continued use, owner occupancy or a long hold. The site sits blocks from the planned Parkchester/Van Nest Metro-North station on East Tremont Avenue, with Penn Station Access service targeted for 2027 and construction already underway on the adjacent rail corridor. The 2024 Bronx Metro-North Station Area Plan upzoned roughly 46 blocks around the new stations while this parcel retained C8-2, leaving a by-right commercial site inside a corridor mapped for growth. Buyers should note the parcel is an irregular tapering strip, 28.81 feet deep at the eastern end narrowing toward the west, so lot area and buildable floor area are subject to survey. Adjoining parcels present assemblage potential and are not included in this offering. FRESH Zone. FEMA Flood Zone X. Sold as is. That runs about 1,350 characters. Tell me your field limit and I'll cut to fit. If you meant internal notes for working the deal rather than the listing field, say so and I'll write that instead. Different document, and it would include the pricing tension, the lot area problem, and the assemblage targets, none of which belongs in front of a buyer.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$3,000 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

2175 E Tremont Ave

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Parking Garage, Parking Lot, Lumberyard

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,400 SF

ZONING

C8-2

APN/PARCEL ID

04042-0251

ASK ABOUT THIS PROPERTY

Peter SiscaReal BrokerageMore Info
855-450-0442

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Peter SiscaReal BrokerageMore Info
855-450-0442

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