MLS#959124
STATUSActive
PROPERTY TYPECommercial - Retail
Property Description
1254 Southern Blvd presents a rare opportunity to acquire a high-visibility, corner free-standing retail property in the Bronx. The 5,000 SF single-story masonry building, situated on a 5,000 SF lot, is fully leased to a long-term, single-tenant laundromat under a new 15-year lease commencing April 2024.The property benefits from excellent exposure beneath an elevated subway line, strong pedestrian traffic, and a dense residential and commercial trade area, making it a core neighborhood retail asset with stable demand.Zoned R7-1 / C1-4, the asset offers long-term investment stability with potential future upside, and is well-suited for investors seeking predictable cash flow with minimal management.Offered at a 4.1% cap rate.
Property Features
Property Type: Commercial - Retail
Cooling: Electric
Heating: Electric
Lot Size: 0.11 Acres
Taxes: $40,263
Year Built: 1924
Feature Descriptions
Building Area Total: 5000
Business Type: Laundromat
Days on Site: 149
Exterior: Brick
On Market Date: 2026-02-05
Parcel Number: 02979-0020
Rental Term: Monthly
Sewer: Public Sewer
Utilities: Electricity Connected
Water: Public
Listed By / Shown By
Listing By
Agency Name: B Square Realty
Agency Contact: 917-547-4288
Shown By
Agency Title: Joyce Realty
Agency Phone: (800-275-5692)
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Corporate Headquarters
7 E Central Ave, Unit 15, Pearl River, NY 10965Phone: 800-ASK-JOYCE (800-275-5692)
Joyce Realty® and Logo are registered trademarks of US Patent & Trademark Office: Reg. No. 5,743,966-Ser. No. 88-0075,379. All rights reserved.
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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1254 Southern Boulevard | MLS# 959124
This commercial property located at 1254 Southern Boulevard, Bronx, NY 10459 is currently listed for sale with an asking price of $2,880,000. Search Bronx real estate on www.joycerealty.com today.