909 E Tremont Ave - Apartments CONDO FOR SALE


Bronx, NY 10460- West Farms
$3,500,000 USD
212-417-9217
909 E Tremont Ave, Bronx, NY for Sale
$3,500,000 USD
Apartments CONDO - FOR SALE
1/5
null | 7.72% Cap Rate

909 E Tremont Ave
Bronx, NY 10460
West Farms


OVERVIEW

Kassin Sabbagh Realty (KSR) has been exclusively retained to arrange the sale of 909 East Tremont Avenue, Bronx, NY 10460, a 6,500 SF retail condominium located between Honeywell and Daly Avenues in the Crotona neighborhood of the Bronx. The property consists of four retail units and is being offered at $3,500,000, representing a 7.7% cap rate. The asset benefits from approximately 86 feet of frontage, providing strong visibility along East Tremont Avenue. Zoned R7X/C1-4, the property also benefits from an ICAP tax abatement, with current taxes of approximately $7,673. With multiple retail units, prominent frontage, and an attractive pro forma return, 909 East Tremont Avenue presents investors with an opportunity to acquire a well-positioned retail asset along an established Bronx commercial corridor.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$538 USD /SF

CAP RATE

7.72%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Tremont Residences

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

119,000 SF

STORIES

11

BUILDING CLASS

B

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

R7X

APN/PARCEL ID

03121-0056

ASK ABOUT THIS PROPERTY

Isaac ShabotKassin Sabbagh Realty (KSR)More Info
212-417-9217

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Isaac ShabotKassin Sabbagh Realty (KSR)More Info
212-417-9217

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