Property
| Ownership: | For Sale |
|---|---|
| Type: | Retail |
Financials
Listing Courtesy of All Island Estates Realty Corp
Calling All Investors, Developers amp ; End Users !
- View of building exterior
- View of building exterior
- Map location
- Map location
- Map
- Map
- View of street featuring street lights
- View of street featuring street lights
- 9
- 10
- 11
- 12
- View of road with curbs
- View of road with curbs
- View of side of property with uncovered parking
- View of side of property with uncovered parking
- Storage featuring visible vents
- Storage featuring visible vents
- Kitchen with visible vents, backsplash, and a drop ceiling
- Kitchen with visible vents, backsplash, and a drop ceiling
- Kitchen featuring a sink, a drop ceiling, double oven range, and visible vents
- Kitchen featuring a sink, a drop ceiling, double oven range, and visible vents
- Map location
- Map location
- 25
- 26
- View of storage room
- View of storage room
- Office with a paneled ceiling, baseboards, and light tile patterned floors
- Office with a paneled ceiling, baseboards, and light tile patterned floors
- Map location
- Map location
- Storage with visible vents
- Storage with visible vents
- View of storage room
- View of storage room
- Map
- Map
- View of street featuring street lighting, traffic lights, curbs, and sidewalks
- View of street featuring street lighting, traffic lights, curbs, and sidewalks
- Kitchen featuring visible vents and a paneled ceiling
- Kitchen featuring visible vents and a paneled ceiling
- Storage with visible vents, stacked washer and dryer, and a sink
- Storage with visible vents, stacked washer and dryer, and a sink
- Storage area featuring stacked washer / dryer, a sink, and visible vents
- Storage area featuring stacked washer / dryer, a sink, and visible vents
- View of property
- View of property
- View of building exterior
- View of building exterior
Description
Calling All Investors, Developers & End-Users!!! 12,500 Sqft. Strip Center With National Tenants For Sale On Boston Road!!! The Property Features Great Exposure, Excellent Signage, R5/C2-2 Zoning, 23 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.
Corner Lot + Building (10,000 Sqft.): $450,000 Ann. NNN (Available)
Pro Forma Gross Income: $763,498.44 Ann.
Expenses:
Gas: $0 Ann.
Electric: $0 Ann.
Maintenance & Repairs: $250 Ann.
Water & Sewer: $0 Ann.
Insurance: $8,296 Ann.
Taxes: $120,256 Ann.
Total Expenses: $128,802 Ann.
Tax Rebate (Paid By The Stores): $90,192 Ann.
Pro Forma Net Operating Income (NOI): $724,988.44 Ann.
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Amenities
- Natural Gas Connected
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
