270-282 E 169th St
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270-282 E 169th St
9,500 SF 100% Leased Retail Building Bronx, NY 10456 $3,496,144 CAD ($368 CAD/SF) 6.92% Cap Rate
Investment Highlights
- Building has security cameras
- Major attraction for retail and shopping.
Executive Summary
Presenting the opportunity to acquire this free-market, mixed-use 'cash cow' located on the southeast corner of East 169th Street and
Morris Avenue in the Bronx’s Concourse Village. The subject property consists of three ground-floor retail spaces and four residential
apartments above.
Morris Avenue in the Bronx’s Concourse Village. The subject property consists of three ground-floor retail spaces and four residential
apartments above.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
9,500 SF
Building Class
C
Year Built
1931
Price
$3,496,144 CAD
Price Per SF
$368 CAD
Cap Rate
6.92%
NOI
$241,933 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.87
Land Acres
0.25 AC
Opportunity Zone
Yes
Zoning
R7-1 - Residential
Frontage
Amenities
- Bus Line
Walk Score ®
Very Walkable (86)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (78)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 02439-0045 | Improvements Assessment | $152,960 CAD |
Land Assessment | $11,680 CAD | Total Assessment | $164,641 CAD |
PROPERTY TAXES
Parcel Number
02439-0045
Land Assessment
$11,680 CAD
Improvements Assessment
$152,960 CAD
Total Assessment
$164,641 CAD
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270-282 E 169th St
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