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3194-3198 Webster Ave 5,116 SF 100% Leased Retail Building Bronx, NY 10467 $1,550,000 ($302.97/SF) 8.90% Cap Rate
Executive Summary
Discover 3194 Webster Avenue, a turn-key mixed-use investment property in the Bronx offering stability, flexibility, and immediate returns. Featuring five free-
market residential units and a versatile retail storefront, this fully leased property combines strong income with future growth potential.
With updated electrical and plumbing for efficient, low-maintenance ownership, this building is designed for hassle-free management. Modernized apartments, a thriving commercial tenant, and additional storage/work areas enhance its value.
market residential units and a versatile retail storefront, this fully leased property combines strong income with future growth potential.
With updated electrical and plumbing for efficient, low-maintenance ownership, this building is designed for hassle-free management. Modernized apartments, a thriving commercial tenant, and additional storage/work areas enhance its value.
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
$1,550,000
Price Per SF
$302.97
Cap Rate
8.90%
NOI
$137,950
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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