2241 Southern Blvd - Freestanding FOR SALE


Bronx, NY 10460- Belmont
$5,000,000 USD
646-996-3709
2241 Southern Blvd, Bronx, NY for Sale
$5,000,000 USD
Freestanding - FOR SALE
1/10
null | 4.95% Cap Rate

2241 Southern Blvd
Bronx, NY 10460
Belmont


HIGHLIGHTS

  • Secure, Long-Term Income: Fully occupied by long-standing national brands Dunkin' and Clean Rite Center
  • Strong Transport Connectivity: Located near the Fordham Metro-North station; walking distance to the E 180th St subway stop & multiple MTA bus routes
  • Established Retail Corridor: Positioned on a major Bronx thoroughfare with 26,000+ VPD, walking distance to Bronx Zoo and Fordham University
  • Dense, Urban Infill Location: Surrounded by a population of over 134,000 residents within 1 mile and more than 885,000 within 3 miles
  • Zoning Flexibility: Zoned R7-1/C1-4, allowing a broad range of commercial & residential uses. FAR of 3.44 offers long-term repositioning/redevelopment
  • Tight Retail Supply and Comparable Support: Located in a high barrier-to-entry retail sub-market with low vacancy & limited inventory

OVERVIEW

Covered land play anchored by long-standing national brands -- Dunkin' and Clean Rite Center -- fully occupied with in-place rent and term. On a 0.49-acre site with an 11,050 SF building, zoned R7-1/C1-4 (FAR 3.44) for broad commercial and residential uses, offering long-term repositioning or redevelopment potential.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$452 USD /SF

CAP RATE

4.95%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cross Bronx Crotona

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,514 SF

ZONING

R7-1, Bronx, (K1)

APN/PARCEL ID

03112-0038

ASK ABOUT THIS PROPERTY

Steven SiegelMarcus & MillichapMore Info
646-996-3709

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

Steven SiegelMarcus & MillichapMore Info
646-996-3709

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