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- LoopNet Team
3230 3rd Ave
Bronx, NY 10451
Property For Lease
PROPERTY FACTS
| Property Type | Retail | Year Built | 1924 |
| Property Subtype | Storefront Retail/Office | Construction Status | Demolished |
| Gross Leasable Area | 11,000 SF | Cross Streets | E 161st St |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 11,000 SF |
| Year Built | 1924 |
| Construction Status | Demolished |
| Cross Streets | E 161st St |
ABOUT THE PROPERTY
This is a property for investors with vision, with strong portfolios allowing them long hold strategies and not for a Johnny come lately investing his last dollar. Just one look to the 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. Build to serve as a bank in the 1930' s; the North Side Savings Bank building is a great investment in today's market. The building has a 30 feet high ceiling in the main entrance, 7,303 SF ground floor, 3,016 SF mezzanine and 4 bathrooms. Average rental in the area for a ground floor space is around $30 PSF ($24 $36). 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)
- 24 Hour Access
- Bus Line
- Metro/Subway
- Signage
