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526-530 Willis Ave 7,380 SF 100% Leased Retail Building Bronx, NY 10455 $8,500,000 ($1,151.76/SF) 3.13% Cap Rate

Retail Spaces New York Bronx 526-530 Willis Ave, Bronx, NY 10455

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Executive Summary

Prime Development Area. Great Investment, Gross Income: $468,000/Yr, Expense: $170,000/Yr( Tax: 150,000, Management 20,000)
, NOI: $298,000 / Yr, Lot Size: 5,427 SF(81.91x66.25), Please contact L/A directly Helen Moon 718-344-6565

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
7,380 SF
Building Class
C
Year Built
1931
Price
$8,500,000
Price Per SF
$1,151.76
Cap Rate
3.13%
NOI
$266,164
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.88
Lot Size
0.09 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C4-4 - Commercial
Frontage
82’ on Willis Ave
1 1
Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

YMCA
PureGym
Planet Fitness
Bravo Supermarkets
Key Food
Bank of America
Chase
Santander
Capital One
TD Bank

Property Taxes

Parcel Number 02293-0004 Improvements Assessment $1,339,302 (2025)
Land Assessment $180,000 (2025) Total Assessment $1,519,302 (2025)

Property Taxes

Parcel Number
02293-0004
Land Assessment
$180,000 (2025)
Improvements Assessment
$1,339,302 (2025)
Total Assessment
$1,519,302 (2025)
(718) 445-0000

Still interested?

Contact the brokers for more information about this property

Contacts

  • Listing ID: 31302225

  • Date on Market: 3/22/2024

  • Last Updated:

  • Address: 526-530 Willis Ave, Bronx, NY 10455

More public record information on 526-530 Willis Ave, Bronx, NY 10455

The Mott Haven Retail Property at 526-530 Willis Ave, Bronx, NY 10455 is currently available. Contact Promise Realty LLC for more information.

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526-530 Willis Ave
(718) 445-0000 x

526-530 Willis Ave

Helen Moon
(718) 445-0000

Young Kim

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