3230 3rd Ave
Bronx, NY 10451
Retail Property For Sale

Just one look to the growing path this area is going thru, will be more than enough to validate my contention because in time, this property will property will pay many times its investment. Great Location, Superb Building, and a Very Motivated Seller! The building offer' s a huge exposure national tenant. It has over 14K SF of extra air rights. The property was build to serve as a bank in the 1930' s; the North Side Savings Bank, a strong, solid constructed building. This is a great investment in today's market specially for a re-development since is not under any preservation list. The building has a 30 feet high ceiling in the main entrance, 7,303 SF ground floor,±3,016 SF mezzanine and 4 bathrooms in addition to two cleaning crew service bathrooms. Average rental in the area for a ground floor space is around ±$36 PSF. The property is located is a retail corridor, near mass transportation, schools and across the street of the new Boricua College in a high-density area. The building stands across the street of the new Boricua Village (over 700 units) and one block for the Saint Ann' s Apartments (660 units), non of which is on the 2010 demographics studies.