3390-3392 E Tremont Ave | 6,139 SF
6,139 SF | 100% Leased | Retail Building | Bronx, NY 10461 | $2,990,000 ($487/SF)
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $2,990,000
- Property Type
-
Retail
- Square Feet
- 6,139 SF
- Price / Square Foot
- $487
Listing Contacts
Roni Soleimani
Verified Profile
- Property Info
Property Overview
The subject offering consists of a 2-building mixed-use package located at 3390-3392 E Tremont Ave.
• Two 2-story walkup buildings totaling 6,139 square feet.
• Comprising 2 apartments, a retail unit, and an office space.
• Fully occupied with a three-bedroom and a four-bedroom apartment.
• Situated on a 42' x 102' lot (irregular shape) with R6A zoning, allowing for 17,166 buildable square feet.
• Generates a robust net income of $299,245 annually.
• Recently reduced asking price of $2,990,000, offering an attractive 7.6% cap rate.
Located near the intersection of E Tremont Ave and Bruckner Blvd, this property enjoys proximity to:
• Restaurants, shops, markets, schools, and parks.
• Easy access to major highways including Hutchinson River Pkwy, I-95, and I-695.
• Convenient transit options with the 6 train nearby.
Feel free to contact me if you have any questions.
• Two 2-story walkup buildings totaling 6,139 square feet.
• Comprising 2 apartments, a retail unit, and an office space.
• Fully occupied with a three-bedroom and a four-bedroom apartment.
• Situated on a 42' x 102' lot (irregular shape) with R6A zoning, allowing for 17,166 buildable square feet.
• Generates a robust net income of $299,245 annually.
• Recently reduced asking price of $2,990,000, offering an attractive 7.6% cap rate.
Located near the intersection of E Tremont Ave and Bruckner Blvd, this property enjoys proximity to:
• Restaurants, shops, markets, schools, and parks.
• Easy access to major highways including Hutchinson River Pkwy, I-95, and I-695.
• Convenient transit options with the 6 train nearby.
Feel free to contact me if you have any questions.
Property Details
- Class
- C
- Year Built
- 1927
- Stories
- 2
- Property Subtype
- Storefront Retail/Office
- Lot Size (sq. ft)
- 1,742 SF
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