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1254 Southern Blvd
Bronx, NY 10459
Local commercial Bien À vendre


Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Freestanding corner retail with excellent visibility and exposure
- Located directly under elevated train line with strong foot & vehicle traffic
- Ideal for long-term, low-maintenance investment
- Single tenant laundromat with brand-new 15-year NNN-style lease (landlord pays RE taxes)
- Dense residential and commercial corridor in Bronx’s Foxhurst neighborhood
Résumé analytique
1254 Southern Blvd offers a rare opportunity to acquire a high-visibility corner retail property in the heart of the Bronx. The 5,000 SF freestanding masonry building sits on a 5,000 SF lot and is fully occupied by a single-tenant laundromat on a brand-new 15-year lease commencing April 2024. The lease includes annual 3% rent escalations, with the landlord responsible for real estate taxes.
This property benefits from excellent exposure under the elevated subway line, strong foot traffic, and a dense residential and commercial trade area. Zoned R7-1/C1-4, the asset is ideal for long-term investors seeking stable cash flow and minimal management.
At the asking price of $2.9M, the asset delivers a net operating income of $109,736, representing a 3.8% cap rate.
This property benefits from excellent exposure under the elevated subway line, strong foot traffic, and a dense residential and commercial trade area. Zoned R7-1/C1-4, the asset is ideal for long-term investors seeking stable cash flow and minimal management.
At the asking price of $2.9M, the asset delivers a net operating income of $109,736, representing a 3.8% cap rate.
Informations sur l’immeuble
Type de vente
Investissement
Condition de vente
1031 Exchange
Type de bien
Local commercial
Sous-type de bien
Commerce pied immeuble
Surface de l’immeuble
465 m²
Classe d’immeuble
C
Année de construction
1924
Prix
2 479 853 €
Prix par m²
5 338,58 €
Taux de capitalisation
3,83 %
RNE
94 889 €
Occupation
Mono
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
1,00
Surface du lot
0,05 ha
Zonage
R7-1, Bronx (K1) - R7 Zoning is considered medium density residential. It is broken into 2 basic zoning districts R7-1 and R7-2. R7-1 has more parking requirements.
Façade
15 m sur Southern Blvd
Caractéristiques
- Ligne d’autobus
- Signalisation
Taxes foncières
| Numéro de parcelle | 02979-0020 | Évaluation des aménagements | 277 976 € |
| Évaluation du terrain | 58 122 € | Évaluation totale | 336 098 € |
Taxes foncières
Numéro de parcelle
02979-0020
Évaluation du terrain
58 122 €
Évaluation des aménagements
277 976 €
Évaluation totale
336 098 €
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