3480 Boston Road, Bronx, NY 10469
Bronx County
Key Facts
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 Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Year Built
1950
Living Area
8,450 sq ft
Lot Size
0.27 acres
Parking Spaces
8
Days on Market
1
MLS® Listing#
891171
Property Features
- Cooling:
- Central Air
- Heating:
- Natural Gas
- Basement:
- Full
- Construction:
- Block, Other
- Utilities:
- Natural Gas Available, Natural Gas Connected
- Sewer:
- Public Sewer
- Water Source:
- Other
HOA & Tax
- Annual Tax:
- $50,995
- Assessed Value:
- $502,200
- Parcel #:
- 04743-0001
Affordability Calculator
$1,170,000
Estimated monthly payment
$31,136/mo
Principal $4,680,000 · Est. interest $6,529,016 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Bronx, NY
- $576,699
- Median Listing Price
- 70
- Median Days on Market
- 1,206
- Median Sq Ft
- $376
- Median Price / Sq Ft
- 1,266
- Active Listings
- This home’s price is 914% above the area median.
- Its price per sq ft is 84% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Bronx, NY.
Location
- 3480 Boston Road, Bronx, NY 10469
Nearby Schools
Jade Multi Family Circle Center
School · 0.1 mi away
P. S. 078 Anne Hutchinson
Elementary · 0.2 mi away
New Covenant Christian School
School · 0.3 mi away
Faith Christian Academy
School · 0.4 mi away
Lavelle School for the Blind
School · 0.5 mi away
Baychester Academy
School · 0.5 mi away
Cardinal Spellman High School
Secondary · 0.5 mi away
PS 112 Bronxwood
Elementary · 0.6 mi away
Bronx Charter School
Elementary · 0.7 mi away
PS 111 Seton Falls
Elementary · 0.7 mi away
Holy Rosary School
School · 0.7 mi away
PS 121 Throop
Elementary · 0.7 mi away
Baychester Middle School
Secondary · 0.7 mi away
Bronx Alliance
Secondary · 0.7 mi away
P. S. 178 - Magnet School of Multimedia Arts & Design
Elementary · 0.7 mi away
P. S. X596
Elementary · 0.7 mi away
P. S. X176
Secondary · 0.8 mi away
High School of Computers and Technology
Secondary · 0.8 mi away
Bronx Lab School
Secondary · 0.8 mi away
High School for Contemporary Arts
Secondary · 0.8 mi away
Commute Calculator
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Moving Cost Estimate
EXIT Agents in Bronx
Listing Courtesy: All Island Estates Realty Corp - 5167835600
Presented by: Richard Matt Shane
Fair Housing Notice