3320 Fort Independence St - Freestanding FOR SALE


Bronx, NY 10463- Jerome Park
$800,000 USD
646-933-2615
3320 Fort Independence St, Bronx, NY for Sale
$800,000 USD
Freestanding - FOR SALE
1/14
null | 4.83% Cap Rate

3320 Fort Independence St
Bronx, NY 10463
Jerome Park


HIGHLIGHTS

  • Freestanding 1,400-square-foot retail building located on a high-visibility corner in Kingsbridge.
  • Currently leased to a laundromat. The building is rented until 2030 with 2% yearly rent increase.
  • Excellent transit access with a Transit Score of 100, steps from the 238th Street 1-train station.
  • Surrounded by dense retail corridors and residential neighborhoods, ensuring strong local demand.

OVERVIEW

Investment Property Realty Group (IPRG) has been exclusively retained to sell 3320 Fort Independence Street. The subject property is a single-story retail building that is in the Kingsbridge Heights section of the Bronx. The commercial building is currently made up of 1 retail space on the ground floor. The retail space is built out as a laundromat. The building is rented until 2030 with 2% yearly rent increase. Built in 1920, the building is a total of 1,400 square feet. The property sits on 27 ft frontage on Fort Independence Street. The building is in close distance to West 231st Street Subway Station (1).

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$711 USD /SF

CAP RATE

4.83%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,400 SF

ZONING

R6, R4A

APN/PARCEL ID

03258-0041

ASK ABOUT THIS PROPERTY

Jared FriedmanInvestment Property Realty GroupMore Info
646-933-2615

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Jared FriedmanInvestment Property Realty GroupMore Info
646-933-2615

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