Bronx River Ave Shops 1401-1413 Bronx River Ave 6,260 SF 100% Leased Retail Building Bronx, NY 10472 $4,536,740 CAD ($724.72 CAD/SF) 6.39% Cap Rate

SP Capital is pleased to present the exclusive offering of 1401 Bronx River Avenue, a fully occupied 6,260 SF single-story retail corner building located in the Park Versailles – Bronx River section of the Bronx. The property consists of 7 well-established retail tenants, all of whom reimburse for taxes and pay utilities, contributing to a stable and predictable income stream.
This investment offers strong in-place cash flow, a 6.39% CAP rate, and the benefit of future upside as the Certificate of Occupancy (CO) is expected by the end of 2025. The asset is ideally located on the corner of Bronx River Ave and E 174th St—surrounded by dense residential neighborhoods, local amenities, and excellent public transit access, including the 2, 5, and 6 subway lines.
Recent capital improvements include newly replaced sidewalks, and the building is part of a subdivision where taxes may decrease upon CO issuance. This is a rare opportunity to own a stabilized retail asset in a prime Bronx location.
Investment Highlights
6,260 SF Retail Building on a 6,426 SF Corner Lot
7 Fully Leased Retail Units – All Pay Taxes & Utilities
NOI: $207,629 | CAP Rate: 6.39%
Price Per SF: $519
Recently Replaced Sidewalks | No Tenants in Arrears
CO Expected by Year-End 2025
Dense Residential Surroundings | Strong Local Retail Corridor
Located Near the 2, 5, and 6 Subway Lines
Asking Price: $3,250,000