500-504 E Tremont Ave - Freestanding FOR SALE


Bronx, NY 10457- Tremont
$3,400,000 USD
917-559-4584
500-504 E Tremont Ave, Bronx, NY for Sale
$3,400,000 USD
Freestanding - FOR SALE
1/2
null | 5% Cap Rate

Jul '25


500-504 E Tremont Ave
Bronx, NY 10457
Tremont


HIGHLIGHTS

  • Heavy Foot Traffic, heavy vehicular traffic
  • corner property
  • development potential

OVERVIEW

A fully occupied, single-story retail building located in the heart of the vibrant Tremont neighborhood in the Bronx. This well-maintained property comprises 6,166 square feet of retail space across six storefront units, offering stable in-place income with potential for upside. Positioned on a 6,880 square foot lot, the property is zoned C4-5X, allowing for up to 41,280 buildable square feet under the city’s UAP (Universal Affordability Preference) program — making this an ideal opportunity for both investors and developers seeking long-term growth and value-add potential in a high-demand corridor

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$551 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

C4-4

APN/PARCEL ID

02924-0015

ASK ABOUT THIS PROPERTY

David SimoneConcourse Realty PartnersMore Info
917-559-4584

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David SimoneConcourse Realty PartnersMore Info
917-559-4584

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