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2559 3rd Ave 1,250 SF 100% Leased Retail Building Bronx, NY 10451 $1,000,000 ($800/SF)
EXECUTIVE SUMMARY
Cushman & Wakefield is pleased to present the sale on an exclusive basis of 2559 Third Avenue, located in the dynamic Mott Haven neighborhood of the Bronx. 2559 Third Avenue is a 1,250 SF two story retail building. The property is currently occupied by a tenant with a lease expiring in late 2025. 2559 Third Avenue offers a prime investment or user occupier opportunity due to Mott Haven’s rapidly evolving neighborhood, blending historic charm with new urban developments. It’s becoming an increasingly desirable area for both residents and businesses due to its improving amenities, art scene, and transportation links to Manhattan.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
1,250 SF
Year Built
1931
Price
$1,000,000
Price Per SF
$800
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.96
Lot Size
0.01 AC
Opportunity Zone
Yes
Zoning
M1-4, R7A - Commercial
Frontage
Walk Score®
Walker's Paradise (90)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (77)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 02333-0025 | Improvements Assessment | $78,660 |
| Land Assessment | $13,500 | Total Assessment | $92,160 |
PROPERTY TAXES
Parcel Number
02333-0025
Land Assessment
$13,500
Improvements Assessment
$78,660
Total Assessment
$92,160
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2559 3rd Ave
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