451 E Tremont Ave 2,500 SF 100% Leased Retail Building Bronx, NY 10457 $1,802,957 CAD ($721.18 CAD/SF)
EXECUTIVE SUMMARY
This property offers a prime development opportunity in a high-traffic location, with a building size of 2,500 SF and a lot size of 2,581 SF (25' x 103'). Zoned C4-5X, the site allows for both commercial and residential development, with up to 12,905 buildable square feet (BSF) permitted with inclusionary housing. Currently utilized as a retail store, the property presents excellent potential for redevelopment or continued retail use. Conveniently located with easy access to the Cross Bronx Expressway (I-95), it is just one block from the Tremont Metro North Station, providing a quick 20-minute train ride to Grand Central. Additionally, it is two blocks from a bus stop and close to multiple retailers. Annual taxes are $13,880. With its versatile zoning and strategic location, this property is ideal for investors and developers looking to capitalize on the area's growth.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,500 SF
Building Class
C
Year Built
1931
Price
$1,802,957 CAD
Price Per SF
$721.18 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.96
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
C4-5X - General Commercial Contextual
Parking
4 Spaces (1.6 Spaces per 1,000 SF Leased)
Frontage
23’ on East Tremont Avenue
Walk Score®
Walker's Paradise (90)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (72)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 03034-0054 | Improvements Assessment | $149,132 CAD |
| Land Assessment | $32,420 CAD | Total Assessment | $181,552 CAD |
