Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

959 characters remaining

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

Your email has been sent.

2526-2532 Boston Rd 10,030 SF 70% Leased Retail Building Bronx, NY 10467 $3,000,000 ($299.10/SF) 8.03% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

INVESTMENT HIGHLIGHTS

The property sits on 60 ft of frontage on the corner of Boston Road and Wallace Avenue.

The building is within walking distance of the Allerton subway station (2,5).

EXECUTIVE SUMMARY

The commercial building is made up of 6 retail spaces on the ground floor, and 5 office suites on the second floor. There are currently 5 out of the 6 retail spaces that are rented, and the second floor of office space has 1 out of the 5 suites rented. This is a perfect opportunity for an investor to come in and capture the upside in the vacant spaces or an owner user looking to utilize a portion of the building for their business.
Built in 1929, the building is a total of 10,030 square feet. The property sits on 60 ft of frontage on the corner of Boston Road and Wallace Avenue.
The building is within walking distance of the Allerton subway station (2,5).

FINANCIAL SUMMARY (ACTUAL - 2024)	ANNUAL	ANNUAL PER SF
Gross Rental Income	$329,589	$32.86
Other Income	-	-
Vacancy Loss	$60,000	$5.98
Effective Gross Income	$269,589	$26.88
Taxes	$65,500	$6.53
Operating Expenses	$35,500	$3.54
Total Expenses	$101,000	$10.07
Net Operating Income	$168,589	$16.81

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual	$329,589
Annual Per SF	$32.86

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	$60,000
Annual Per SF	$5.98

Effective Gross Income
Annual	$269,589
Annual Per SF	$26.88

Taxes
Annual	$65,500
Annual Per SF	$6.53

Operating Expenses
Annual	$35,500
Annual Per SF	$3.54

Total Expenses
Annual	$101,000
Annual Per SF	$10.07

Net Operating Income
Annual	$168,589
Annual Per SF	$16.81

PROPERTY FACTS

Sale Type

Investment

Property Type

Retail

Property Subtype

Storefront Retail/Office

Building Size

10,030 SF

Building Class

Year Built

1929

Price

$3,000,000

Price Per SF

$299.10

Cap Rate

8.03%

NOI

$240,920

Percent Leased

70%

Tenancy

Multiple

Building Height

2 Stories

Slab To Slab

10’

Building FAR

1.64

Lot Size

0.14 AC

Zoning

C8-1 - General Service Commercial Zoning

Frontage

156’ on Boston Rd

Bus Line

Metro/Subway

Security System

SPACE AVAILABILITY

SPACE
SIZE
SPACE USE
POSITION
AVAILABLE

2nd Floor
1,000 SF
Office
-
Now

Five (3) Office Spaces available at this location on the 2nd -Top floor. Prices range from $2100 -$2300.00 /month- Move-In condition. Keys available. For immediate viewing, please call Owen Thompson at 917-991-2991 or email n0n987@yahoo.com. Looking for 5 year term Thanks!

2nd Floor
1,000 SF
Office
-
Now

Five (5) Office Spaces available at this location on the 2nd -Top floor. Prices range from $2500.00 -$3300.00 /month- Move-In condition. Keys available. For immediate viewing, please call Owen Thompson at 917-991-2991 or email n0n987@yahoo.com. Looking for 5 year term Thanks!

2nd Floor
1,000 SF
Office
-
Now

Space	Size	Space Use	Position	Available
2nd Floor	1,000 SF	Office	-	Now
2nd Floor	1,000 SF	Office	-	Now
2nd Floor	1,000 SF	Office	-	Now

Size

1,000 SF

Space Use

Office

Position

Available

Now

Size

1,000 SF

Space Use

Office

Position

Available

Now

Size

1,000 SF

Space Use

Office

Position

Available

Now

1 1

MAP
TRAFFIC

Walk Score®

Walker's Paradise (94)

Transit Score®

Rider's Paradise (90)

Bike Score®

Very Bikeable (72)

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.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number	04439-0012	Total Assessment	$606,870 (2025)
Land Assessment	$110,700 (2025)	Annual Taxes	$65,500 ($6.53/SF)
Improvements Assessment	$496,170 (2025)	Tax Year	2024