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913 E Tremont Ave - Tremont Residences 6,500 SF Retail Condo Unit Offered at $3,500,000 in Bronx, NY 10460
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | Cap Rate | 7.72% |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.72% |
Sale Notes
Kassin Sabbagh Realty (KSR) has been exclusively retained to arrange the sale of 909 East Tremont Avenue, Bronx, NY 10460, a 6,500 SF retail condominium located between Honeywell and Daly Avenues in the Crotona neighborhood of the Bronx.
The property consists of four retail units and is being offered at $3,500,000, representing a 7.7% cap rate. The asset benefits from approximately 86 feet of frontage, providing strong visibility along East Tremont Avenue.
Zoned R7X/C1-4, the property also benefits from an ICAP tax abatement, with current taxes of approximately $7,673. With multiple retail units, prominent frontage, and an attractive pro forma return, 909 East Tremont Avenue presents investors with an opportunity to acquire a well-positioned retail asset along an established Bronx commercial corridor.
The property consists of four retail units and is being offered at $3,500,000, representing a 7.7% cap rate. The asset benefits from approximately 86 feet of frontage, providing strong visibility along East Tremont Avenue.
Zoned R7X/C1-4, the property also benefits from an ICAP tax abatement, with current taxes of approximately $7,673. With multiple retail units, prominent frontage, and an attractive pro forma return, 909 East Tremont Avenue presents investors with an opportunity to acquire a well-positioned retail asset along an established Bronx commercial corridor.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Retail | 6,500 SF | Retail | $3,500,000 ($538.46/SF) | $270,121 |
Unit Retail
| Unit Size |
| 6,500 SF |
| Condo Use |
| Retail |
| Price |
| $3,500,000 ($538.46/SF) |
| NOI |
| $270,121 |
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Unit Retail
| Unit Size | 6,500 SF |
| Condo Use | Retail |
| Price | $3,500,000 ($538.46/SF) |
| NOI | $270,121 |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.72% |
| Sale Notes | |
| Kassin Sabbagh Realty (KSR) has been exclusively retained to arrange the sale of 909 East Tremont Avenue, Bronx, NY 10460, a 6,500 SF retail condominium located between Honeywell and Daly Avenues in the Crotona neighborhood of the Bronx. <br> <br> The property consists of four retail units and is being offered at $3,500,000, representing a 7.7% cap rate. The asset benefits from approximately 86 feet of frontage, providing strong visibility along East Tremont Avenue. <br> <br> Zoned R7X/C1-4, the property also benefits from an ICAP tax abatement, with current taxes of approximately $7,673. With multiple retail units, prominent frontage, and an attractive pro forma return, 909 East Tremont Avenue presents investors with an opportunity to acquire a well-positioned retail asset along an established Bronx commercial corridor.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 119,000 SF | Floors | 11 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 8,986 SF |
| Property Subtype | Apartment | Year Built | 2022 |
| Building Class | B | Lot Size | 0.31 AC |
| Zoning | R7X - Located in the Crotona neighborhood of the Bronx close to Southern Boulevard. Near the West Farms Sq subway station. | ||
| Total Building Size | 119,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 11 |
| Typical Floor Size | 8,986 SF |
| Year Built | 2022 |
| Lot Size | 0.31 AC |
| Zoning | R7X - Located in the Crotona neighborhood of the Bronx close to Southern Boulevard. Near the West Farms Sq subway station. |
Amenities
Site Amenities
- 24 Hour Access
- Controlled Access
- Tennis Court
- Roof Terrace
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 119 | - | - |
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Moderately bikeable
70/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
