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2614 3rd Ave
Bronx, NY 10454
Retail Property For Sale
Executive Summary
This 2-story walkup is located in the Mott Haven neighborhood of the Bronx. The building is 4,362 square feet consisting of a retail unit and a loft apartment. The building is vacant. There is development potential as the lot is zoned for 8,940 ZFA as of right and 11,622 ZAF with UAP. It is also located in an opportunity zone. Located between E 140th St and E 141st St, this property is only steps away from restaurants, shops, markets, schools, parks, and the 4, 5, and 6 train.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,362 SF
Building Class
C
Year Built
1931
Price
$1,900,000
Price Per SF
$435.58
Cap Rate
4.35%
NOI
$82,650
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.25
Lot Size
0.08 AC
Opportunity Zone
Yes
Zoning
R6 - R6 is a medium-density residential zoning district.
Frontage
117’ on 3rd Ave
Amenities
- Bus Line
Property Taxes
| Parcel Number | 02315-0005 | Improvements Assessment | $106,725 |
| Land Assessment | $36,228 | Total Assessment | $142,953 |
Property Taxes
Parcel Number
02315-0005
Land Assessment
$36,228
Improvements Assessment
$106,725
Total Assessment
$142,953
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