- Price: $10,500,000
Calling All Investors, Developers, and End Users!!! 12,500 Sq Ft Commercial Building. With National Tenants For Sale on Boston Road!!! The Property Boasts Great Visibility, Excellent Signage, R5/C2-2 Zoning, 23 Parking Spaces, 13.6 Ft High Ceilings, 2 Lots, Strategically Positioned Access, Private Parking, Low Property Taxes, 3 Phase Power, Sprinklers, All New LED Lighting, CAC, +++!!!
The Property is Located in the Heart of the Bronx, Just Blocks Away From I-95 and the Gun Hill Road Train Station!!! Neighbors Include Starbucks, Ford, Hyundai, 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, +++!!! By Right, You Can Build 4 More Floors!!! The Property Has a Daily Flow of Approximately 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 Sq Ft + Shared Parking):
$68,623.44 Annual; 5% Annual Escalations; Lease End: 04/30/26 + (1) 5 Year Option. Tenant Pays Their Share of Property Taxes.
USPS (5,952 Sq Ft + Shared Parking):
$118,800 Annual; Lease End: 02/28/26 + (1) 5 Year Option.
M.A.
Events (3,000 Sq Ft + Rear Yard/Parking):
$126,075 Annual; Lease End: 07/31/26. 90 Day Good Guy Clause. Pays 50% of Property Taxes.
Corner Lot + Building (10,000 Sq Ft):
$450,000 Annual NNN (Available)
Projected Gross Income:
$763,498.44 Annual
Expenses:
Gas:
$0 Annual
Electric:
$0 Annual
Maintenance & Repairs:
$250 Annual
Water & Sewer:
$0 Annual
Insurance:
$8,296 Annual
Taxes:
$120,256 Annual
Total Expenses:
$128,802 Annual
Tax Reimbursement (Paid By Stores):
$90,192 Annual
Projected Net Operating Income (NOI):
$724,988.44 Annual
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