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Investment Highlights

  • CORNER PROPERTY
  • TALL COMMERICAL CEILING HEIGHT
  • FULLY FREE MARKET
  • GREAT ZONING
  • ALL 3 BEDROOM RESIDENTIAL UNITS

Executive Summary

Delivered completely vacant, 1285 Shakespeare Ave presents a rare opportunity for investors, owner-users, and entrepreneurs seeking a highly versatile mixed-use asset with significant upside potential.
This three-story corner property features a spacious commercial space with soaring 17-foot ceilings, offering exceptional flexibility for a variety of business uses. The layout is particularly well-suited for a bodega, convenience store, neighborhood market, or retail operation, providing excellent visibility and exposure from its prominent corner location.
Above the commercial space are two residential units, each configured as a spacious 3-bedroom apartment, creating strong income-producing potential or the opportunity for owner occupancy.
Adding to its appeal, the property benefits from favorable zoning that may offer future value-add and redevelopment opportunities (buyers should conduct their own due diligence regarding zoning and development potential).

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,697 SF
Building Class
C
Year Built
1930
Price
$1,603,640 CAD
Price Per SF
$594.60 CAD
Cap Rate
9.85%
NOI
$157,938 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.04
Lot Size
0.03 AC
Zoning
R7-1
Frontage
61’ on Shakespeare Ave

Amenities

  • Corner Lot
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
60/100

Nearby Major Retailers

Bravo Supermarkets
Key Food
FoodTown Supermarket
Planet Fitness
PureGym
Chase Bank
Apple Bank
Compare Foods
Citi
PNC Bank

Property Taxes

Property Taxes

Parcel Number
02519-0026
Land Assessment
$4,221 CAD
Improvements Assessment
$21,964 CAD
Total Assessment
$26,185 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
  • Listing ID: 40829601

  • Date on Market: 2026-06-07

  • Last Updated:

  • Address: 1285 Shakespeare Ave, Bronx, NY 10452

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