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Commercial Sale in Bronx, New York, Bronx, NY 10469 | Web ID: 891171 | $5,850,000

3480 Boston Road , Bronx , NY 10469

 
Commercial Sale in New York - Boston Road  Bronx, NY 10469Commercial Sale Boston Road  Bronx, NY 10469, MLS-891171-2Commercial Sale Boston Road  Bronx, NY 10469, MLS-891171-3Commercial Sale Boston Road  Bronx, NY 10469, MLS-891171-4Commercial Sale Boston Road  Bronx, NY 10469, MLS-891171-5Commercial Sale Boston Road  Bronx, NY 10469, MLS-891171-6Commercial Sale Boston Road  Bronx, NY 10469, MLS-891171-7Commercial Sale Boston Road  Bronx, NY 10469, MLS-891171-8Commercial Sale Boston Road  Bronx, NY 10469, MLS-891171-9Commercial Sale Boston Road  Bronx, NY 10469, MLS-891171-10Commercial Sale Boston Road  Bronx, NY 10469, MLS-891171-11Commercial Sale Boston Road  Bronx, NY 10469, MLS-891171-12Commercial Sale Boston Road  Bronx, NY 10469, MLS-891171-13Commercial Sale Boston Road  Bronx, NY 10469, MLS-891171-14Commercial Sale Boston Road  Bronx, NY 10469, MLS-891171-15Commercial Sale Boston Road  Bronx, NY 10469, MLS-891171-16Commercial Sale Boston Road  Bronx, NY 10469, MLS-891171-17Commercial Sale Boston Road  Bronx, NY 10469, MLS-891171-18Commercial Sale Boston Road  Bronx, NY 10469, MLS-891171-19Commercial Sale Boston Road  Bronx, NY 10469, MLS-891171-20Commercial Sale Boston Road  Bronx, NY 10469, MLS-891171-21Commercial Sale Boston Road  Bronx, NY 10469, MLS-891171-22
 

Property Description

Calling All Investors, Developers & End-users!!! 8, 450+ Sqft. Strip Center With National Tenants For Sale On Boston Road!!! The Property Features Great Exposure, Excellent Signage, R5/c2-2 Zoning, 8 Parking Spaces, High 14’ Ceilings, 2 Lots, Strategically Placed Curb Cuts, Private Parking Lot, Low Property Taxes, 3 Phase Power, Sprinklers, All New Led Lighting, Cac, +++!!! The Property Is Located In The Heart Of The Bronx Blocks From I-95 & The Gun Hill Road Train Station!!! Neighbors Include Starbucks, Ford, Hyundai, The Bronx Zoo, Cvs, Walgreens, Planet Fitness, Ymca, Macy’s, Marshall’s, Shake Shack, Firestone Complete Auto Care, Harbor Freight Tools, Buffalo Wild Wings, Wendy’s, Bob’s Discount Furniture, White Castle, Popeye’s Louisiana Kitchen, Golden Krust, Aldi, +++!!! As Of Right You Can Build 4 Additional Stories!!! The Property Has A Daily Traffic Count Of Around 20, 000 Cars Per Day!!! This Property Offers Huge Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Domino’s (2, 200 Sqft. + Shared Parking): $68, 623.44 Ann.; 5% Ann. Inc; Lease Exp.: 4/30/26 + (1) 5 Year Option. Tenant Pays Their Share Of Real Estate Taxes. Usps (5, 952 Sqft. + Shared Parking): $118, 800 Ann.; Lease Exp.: 2/28/26 + (1) 5 Year Option. M.a. Events (3, 000 Sqft. + Rear Yard/parking): $126, 075 Ann.; Lease Exp.: 7/31/26. 90 Day Good Guy Clause. Pays 50% Of Real Estate Taxes. Gross Income: $313, 498.44 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Water & Sewer: $0 Ann. Insurance: $4, 296 Ann. Taxes: $49, 688.16 Ann. Total Expenses: $54, 234.16ann. Tax Rebate (paid By The Stores): $90, 192 Ann. Pro Forma Net Operating Income (noi): $349, 456.28 Ann.

Property Information

Location/Town New York
Area/County Bronx
Post Office/Postal City Bronx
Prop. Type Commercial Sale
Tax $50,995.00
Year Built 1950
Basement Full
Construction Block, Other
Total Units 4
Lot SqFt 11,950
Cooling Central Air
Heat Source Natural Gas
Util Incl Natural Gas Connected
Days On Market 1
Tax Assessed Value 502200
Units 4
Listing information courtesy of: All Island Estates Realty Corp

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