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Executive Summary
2349 Arthur Avenue is located in the heart of the Belmont section of the Bronx, widely known as the borough’s “Little Italy” and one of NYC’s most established food-driven retail corridors. The area is anchored by the Arthur Avenue Retail Market and a dense mix of long-standing restaurants, bakeries, cafés, and specialty food shops that draw consistent traffic from both local residents and destination visitors. Surrounded by strong neighborhood density, and nearby transit access, the location benefits from steady daytime activity and a built-in customer base. With its reputation as a dining and specialty food hub, Arthur Avenue continues to support high demand for food, beverage, and service-oriented tenants.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
6,940 SF
Building Class
C
Year Built
1931
NOI
$261,720
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.18
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
R6
Frontage
22’ on Arthur Ave
Amenities
- Bus Line
- Metro/Subway
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
Margate Atlantic Properties is a privately held, real estate investment corporation specializing in the acquisition, operation and redevelopment of retail properties. MAP focuses on acquiring commercial condominiums, shopping and strip centers, free-standing and mixed-use buildings with retail components.
- Morrone Pastry Shop
- Accommodation and Food Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
- | - | - | - | ||
| Morrone Pastry Shop | Accommodation and Food Services | - | - | - |
Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (96)
Nearby Major Retailers
Property Taxes
| Parcel Number | 03065-0055 | Improvements Assessment | $384,750 |
| Land Assessment | $92,250 | Total Assessment | $477,000 |
Property Taxes
Parcel Number
03065-0055
Land Assessment
$92,250
Improvements Assessment
$384,750
Total Assessment
$477,000
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2349 Arthur Ave
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