$2,400,00082-88 West 181st StreetBronx, New York, 10453

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Primary Features

  • Lot Size Square Feet: 2132 sqft.
  • Property Type: Commercial Sale
  • Property Sub Type: Retail
  • Year Built: 1920

Other Features

  • Foundation Details: Poured Concrete
  • Heating: Gas
  • Roof: Flat
  • Utilities: n/a
  • Electric: 220 V

Location

  • Street Address: 82-88 West 181st Street
  • City: Bronx
  • State: New York
  • County: Bronx
  • Postal Code: 10453
  • Zoning: R7-1

Pricing & Sale Info

  • List Price: $2,400,000
  • MLS#: 469485
  • Last Change Timestamp: Dec 13, 2022
  • Source MLS: Brooklyn New York MLS

About This Property

Excellent West Bronx location! This semi-detached, corner, brick, 3 store commercial property is an incredible opportunity! INVESTORS AND DEVELOPERS WELCOME - this is the listing you’ve been waiting for!!! Siting on a lot size of 25 x 88 x 25 x 84 (2,132 sqft.), along with R7-1 zoning, this is the perfect time to develop the premises to its maximum potential! Currently boasting a building size of 25 x 88 x 25 x 84 (2,165 sqft.) with 3 leased commercial spaces, a restaurant, salon/barber shop, and a deli, plus a full basement (segmented for each business to use), the property is primed for investors, as it accrues phenomenal income, while also including a 6.5% cap rate and a triple net lease! Amenities include quick and easy access to the multitude of establishments along Jerome Ave., W. 183rd St., E. 183rd St., and Grand Concourse, Aqueduct Walk, Grand Playground, Ohio Field, Bronx Community College, P.S. 091, P.S. X010, P.S. X015, P.S. 291, and much more! Transportation options include immediate access to the Bx1, Bx2, Bx3, Bx32, Bx40, and Bx42 buses, and the 183rd St. / Burnside Ave. 4 Train stations, and the 182nd-183rd Sts. B and D Train station.