BEDS0
BATHS
MLS#891171
STATUSActive
PROPERTY TYPECommercial -
Property Description
Calling All Investors, Developers & End-Users!!! 8,450+ Sqft. Strip Center With National Tenants For Sale On Boston Road!!! The Property Features Great Exposure, Excellent Signage, R5/C2-2 Zoning, 8 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.Gross Income: $313,498.44 Ann. Expenses:Gas: $0 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann.Water & Sewer: $0 Ann.Insurance: $4,296 Ann. Taxes: $49,688.16 Ann. Total Expenses: $54,234.16Ann.Tax Rebate (Paid By The Stores): $90,192 Ann.Pro Forma Net Operating Income (NOI): $349,456.28 Ann.
Property Features
Property Type: Commercial -
Basement: Full
Basement: Yes
Cooling: Central Air
Heating: Natural Gas
Lot Size: 0.27 Acres
Taxes: $50,995
Year Built: 1950
Feature Descriptions
Building Area Total: 8450
Days on Site: 342
Exterior: Block, Other
On Market Date: 2025-07-22
Parcel Number: 04743-0001
Parking Total: 8
Rental Term: Monthly
Sewer: Public Sewer
Units: 4
Utilities: Natural Gas Connected
Water: Other
Listed By / Shown By
Listing By
Agency Name: All Island Estates Realty Corp
Agency Contact: 516-783-5600
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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3480 Boston Road | MLS# 891171
This commercial property located at 3480 Boston Road, Bronx, NY 10469 is currently listed for sale with an asking price of $5,850,000. Search Bronx real estate on www.joycerealty.com today.