Share This Listing

Message

958 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

1120 Westchester Ave 1,859 SF 100% Leased Retail Building Bronx, NY 10459 $925,000 ($497.58/SF) 6.81% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Revitalized and Growing Community
  • Access to Bus Line
  • Access to Retail, Services and Restaurants
  • Heavy Foot Traffic

EXECUTIVE SUMMARY

Perfect time to own this beautifully commercial store/office and 1 family in the heart of the vibrant Bronx neighborhood. This mixed-use property showcases a perfect blend of commercial and residential possibilities, offering an exceptional opportunity for owners to build their dream business or bolster their investment portfolio. The ground floor reveals a vast commercial space currently generating $3800 in rent, ideal for a variety of retail or business activities. The high-visibility storefront and heavy foot traffic offer the perfect backdrop for your business, or just leave the existing Tenant there. Above, discover one residential 4 bedroom unit, currently earning $2300. These well-lit, spaciously laid-out units hold potential for an increased rental income of up to $3000, making this property a promising investment for steady rental income - pro income can be 6.36% CAP. Embodying a unique fusion of commercial and residential prospects, this property stands as a lucrative investment in the bustling local rental market. Don't miss out on the chance to capitalize on this dynamic mixed-use opportunity nestled in the sought-after Bronx locale!

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,859 SF
Building Class
C
Year Built
1940
Price
$925,000
Price Per SF
$497.58
Cap Rate
6.81%
NOI
$63,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.29
Lot Size
0.03 AC
Opportunity Zone
Yes
Zoning
R7-1 - medium density residential zoning distric
Frontage
78’ on Westchester Ave

AMENITIES

  • Bus Line
  • Metro/Subway
Walk Score®
Walker's Paradise (90)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Planet Fitness
Key Food
Compare Foods
Chase Bank
Bank Of America
Associated Food Stores
Blink Fitness
Ahern Rentals Inc
Rent-A-Center
Golden Krust Caribbean Restaurants

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02750-0011
Land Assessment
$4,325
Improvements Assessment
$18,390
Total Assessment
$22,715
  • Listing ID: 38142035

  • Date on Market: 10/20/2025

  • Last Updated:

  • Address: 1120 Westchester Ave, Bronx, NY 10459

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}