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3194-3198 Webster Ave 5,116 SF 100% Leased Retail Building Bronx, NY 10467 $1,475,000 ($288.31/SF) 10% Cap Rate
Executive Summary
3194 Webster Avenue — Turn-Key Mixed-Use Investment. Over 10% CAP Rate.
Fully leased property featuring five free-market residential units plus a strong retail storefront, delivering stable cash flow and immediate returns. Updated electrical and plumbing ensure low-maintenance ownership, while modern apartments and a thriving commercial tenant provide long-term stability. Additional income streams and storage/work areas make this a rare, high-yield opportunity with future upside.
Fully leased property featuring five free-market residential units plus a strong retail storefront, delivering stable cash flow and immediate returns. Updated electrical and plumbing ensure low-maintenance ownership, while modern apartments and a thriving commercial tenant provide long-term stability. Additional income streams and storage/work areas make this a rare, high-yield opportunity with future upside.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,116 SF
Building Class
C
Year Built
1920
Price
$1,475,000
Price Per SF
$288.31
Cap Rate
10%
NOI
$147,500
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.35
Lot Size
0.05 AC
Zoning
C8-2
Frontage
99’ on Webster Ave
Amenities
- Bus Line
Walk Score®
Very Walkable (80)
Transit Score®
Rider's Paradise (100)
Nearby Major Retailers
Property Taxes
| Parcel Number | 03357-0060 | Improvements Assessment | $96,783 |
| Land Assessment | $5,180 | Total Assessment | $101,963 |
Property Taxes
Parcel Number
03357-0060
Land Assessment
$5,180
Improvements Assessment
$96,783
Total Assessment
$101,963
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3194-3198 Webster Ave
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