2526-2532 Boston Rd - Storefront Retail/Office FOR SALE


Bronx, NY 10467- Allerton
$3,000,000 USD
914-262-4446
2526-2532 Boston Rd, Bronx, NY for Sale
$3,000,000 USD
Storefront Retail/Office - FOR SALE
1/18
null | 8.03% Cap Rate

2526-2532 Boston Rd
Bronx, NY 10467
Allerton


HIGHLIGHTS

  • The property sits on 60 ft of frontage on the corner of Boston Road and Wallace Avenue.
  • The building is within walking distance of the Allerton subway station (2,5).

OVERVIEW

The commercial building is made up of 6 retail spaces on the ground floor, and 5 office suites on the second floor. There are currently 5 out of the 6 retail spaces that are rented, and the second floor of office space has 1 out of the 5 suites rented. This is a perfect opportunity for an investor to come in and capture the upside in the vacant spaces or an owner user looking to utilize a portion of the building for their business. Built in 1929, the building is a total of 10,030 square feet. The property sits on 60 ft of frontage on the corner of Boston Road and Wallace Avenue. The building is within walking distance of the Allerton subway station (2,5).

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$299 USD /SF

CAP RATE

8.03%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1929

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

C8-1

APN/PARCEL ID

04439-0012

ASK ABOUT THIS PROPERTY

Sonny VatajEXIT REALTY GROUPMore Info
914-262-4446

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Sonny VatajEXIT REALTY GROUPMore Info
914-262-4446

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