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410 E 138th St 10,000 SF 100% Leased Retail Building Bronx, NY 10454 $4,000,000 ($400/SF)
Investment Highlights
- Vacant site offering investors and developers the opportunity to reposition or redevelop within the growing Mott Haven submarket.
- Excellent transportation access enhances connectivity and long-term value prospects.
- Neighborhood benefits from strong consumer spending ($4.7B within 2 miles) and rising income levels.
- Located in one of the Bronx’s most active corridors with extensive surrounding residential growth and neighborhood investment.
- Significant air rights remaining for additional development potential.
Executive Summary
This property at 410 E 138th Street in the Bronx presents an exceptional development or repositioning opportunity in the heart of the thriving Mott Haven submarket. Spanning a 50-foot by 100-foot lot with existing retail improvements, the site offers 9,729 square feet of current built area, with an additional 5,472 square feet of unused air rights. Zoned R6 with a C1-4 commercial overlay and a maximum buildable area of over 15,000 square feet, the property delivers significant flexibility for new residential, mixed-use, or enhanced retail configurations.
Located on a highly active commercial corridor, the site benefits from strong neighborhood investment, consistent residential growth, and convenient transportation connectivity to Manhattan and the wider Bronx market. The property is situated among established retail and dining options and is positioned to capture the foot traffic and consumer base of a densely populated urban community.
Offered at $4,000,000, this asset provides an attractive entry point for developers and investors eager to capitalize on one of New York City’s most dynamic redevelopment environments.
Located on a highly active commercial corridor, the site benefits from strong neighborhood investment, consistent residential growth, and convenient transportation connectivity to Manhattan and the wider Bronx market. The property is situated among established retail and dining options and is positioned to capture the foot traffic and consumer base of a densely populated urban community.
Offered at $4,000,000, this asset provides an attractive entry point for developers and investors eager to capitalize on one of New York City’s most dynamic redevelopment environments.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,000 SF
Building Class
C
Year Built
1900
Price
$4,000,000
Price Per SF
$400
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.15
Lot Size
0.20 AC
Opportunity Zone
Yes
Zoning
R6 - Residential
Frontage
Amenities
- Bus Line
- Commuter Rail
- Metro/Subway
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Flexible uses possible including office, medical, or retail.
| Space | Size | Space Use | Position | Available |
| 2nd Floor | 5,000 SF | Office/Retail | - | 30 Days |
2nd Floor
| Size |
| 5,000 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| 30 Days |
2nd Floor
| Size | 5,000 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | 30 Days |
Flexible uses possible including office, medical, or retail.
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 02282-0009 | Improvements Assessment | $444,780 |
| Land Assessment | $45,000 | Total Assessment | $489,780 |
Property Taxes
Parcel Number
02282-0009
Land Assessment
$45,000
Improvements Assessment
$444,780
Total Assessment
$489,780
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410 E 138th St
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