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3369 E Tremont Ave
Bronx, NY 10461
Retail Property For Sale
EXECUTIVE SUMMARY
RIPCO Real Estate has been retained on an exclusive basis to arrange for the sale of a three-property located in the Pelham Bay section of the Bronx. 3369 East Tremont Avenue is a mixed-use property located on the north-east corner of East Tremont Ave. The property is a two-story building consisting of one commercial unit and two residential apartments above.2909-2911Haskin St, an Auto Center and vacant lot zonedC2-2/R4A will be delivered vacant. The Property benefits from high daily foot traffic and excellent visibility along one of the Bronx's main commercial corridors. The property is currently occupied by local retail operators on short-term leases, providing stable in-place cash flow while allowing near term vacancy for redevelopment or re-leasing. This assemblage allows for multiple value add strategies including repositioning, redevelopment, and owner-user/investor hybrid.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,240 SF
Building Class
C
Year Built
1925
Price
$2,990,000
Price Per SF
$1,334.82
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.98
Lot Size
0.03 AC
Zoning
R4A
Frontage
113’ on Tremont Ave
AMENITIES
- Bus Line
PROPERTY TAXES
| Parcel Number | 05311-0001 | Improvements Assessment | $23,235 |
| Land Assessment | $9,691 | Total Assessment | $32,926 |
PROPERTY TAXES
Parcel Number
05311-0001
Land Assessment
$9,691
Improvements Assessment
$23,235
Total Assessment
$32,926
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