Retail and Multi-Family Properties For Sale

Size
5,517 sq. ft.
Address
532 City Island Avenue, Bronx, NY 10464
Property Type
Retail / Commercial, Investment
Block & Lot
5635 / 18
Zoning
R3A, C2-2, C3
Special Features
Block/Lot: 5635/18 Lot Dimensions: 60’ x 61 Lot SF: 3,906 Building Dimensions: 60’ x 54’ 1 Story F.A.R: .83 Total Building SF: 3,240 Assessment (17/18): $458,000 Block/Lots: 5636/30,32,33 Lot Dimensions: 102’ x 104’ Lot SF: 8,556 Building Dimensions: 60’ x 34’ 2 Story Total Building SF: 5,517 Assessment (17/18): $1,894,000 The subject properties are located on City Island Avenue in The Bronx. One is a retail venue consisting of 3,240 SF and is NN. The lease expires in 2021. There is a renewal option for 5 years with a 10% increase. The other property consists of three townhouses; one townhouse has 2 bedrooms and other two have 3 bedrooms. All three have 2.5 bathrooms. Retail building is around 12 years old. Townhouses are only four years old. This is an excellent opportunity for an owner, user and or investor.
Real Estate Taxes
$20,718 and $19,018
Nearby Transportation
Properties are near the Qx29 and BxM8 bus lines.
Exclusive Agent(s)
Broker’s Cooperation Invited
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