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Investment Highlights

  • Prime Arthur Avenue location in the Bronx’s “Little Italy”
  • Close proximity to transit, shopping, and dining
  • Located in a NYC Opportunity Zone
  • Strong investment potential with value-add opportunities
  • Flexible layout suitable for a variety of uses
  • Formerly Umberto's Clam House

Executive Summary

Discover an exceptional opportunity in the heart of the Bronx. A property that blends location, potential, and value in one of New York City’s most vibrant neighborhoods.
Situated along the iconic Arthur Avenue corridor, this location places you at the center of renowned dining, specialty shops, and a lively community atmosphere. Whether you're an investor or an end-user, this property offers tremendous upside in a location that continues to grow in demand.
The building features solid bones and versatile space, making it ideal for customization, renovation, or income-generating use.
Don’t miss your chance to secure a piece of one of the Bronx’s most sought-after corridors. 2356 Arthur Avenue is more than just a property—it’s an opportunity to be part of a thriving, historic neighborhood.

Attachments

Offering Memo 3

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,050 SF
Building Class
C
Year Built/Renovated
1931/2000
Price
$2,580,000
Price Per SF
$1,258.54
Cap Rate
5.16%
NOI
$133,010
Tenancy
Single
Building Height
1 Story
Building FAR
0.96
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
R6; C1-4 - R6 zone is a medium-density residential district with a commercial overlay (C1-4 zone) allowing retail on the ground floor.
Frontage
25’ on Arthur Ave
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Very bikeable
80/100

Nearby Major Retailers

Pioneer Supermarkets
CTown
Chase
Sky Zone
Starbucks
Tex's Chicken & Burgers
Applebee's
Rent-A-Center
IHOP
PureGym

Property Taxes

Property Taxes

Parcel Number
03073-0019
Land Assessment
$48,150
Improvements Assessment
$219,960
Total Assessment
$268,110
  • Listing ID: 40322047

  • Date on Market: 4/28/2026

  • Last Updated:

  • Address: 2356 Arthur Ave, Bronx, NY 10458

Contact the Sale Advisor

Formerly Umberto's Clam House | 2356 Arthur Ave

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