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457 Southern Blvd 1,554 SF 100% Leased Retail Building Bronx, NY 10455 $1,600,000 ($1,029.60/SF) 10.30% Cap Rate
EXECUTIVE SUMMARY
The subject property is located at 457 Southern Blvd, Bronx, NY 10455. It is strategically positioned on the highly visible and heavily trafficked Southern Blvd between E 147th St and E 145th St, with approximately 120 feet of frontage. This well-positioned M1-2 zoned property represents a compelling opportunity for either an investor or an end user.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,554 SF
Building Class
C
Year Built
1960
Price
$1,600,000
Price Per SF
$1,029.60
Cap Rate
10.30%
NOI
$164,761
Percent Leased
100%
Building Height
1 Story
Building FAR
0.16
Lot Size
0.22 AC
Zoning
M1-2, Bronx , (G2)
Walk Score®
Very Walkable (88)
Transit Score®
Rider's Paradise (100)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 02582-0001 | Improvements Assessment | $80,370 |
| Land Assessment | $48,600 | Total Assessment | $128,970 |
PROPERTY TAXES
Parcel Number
02582-0001
Land Assessment
$48,600
Improvements Assessment
$80,370
Total Assessment
$128,970
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457 Southern Blvd
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