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2614 3rd Ave
Bronx, NY 10454
Retail Property For Sale
Executive Summary
This 2-story walk-up is located in the Mott Haven neighborhood of the Bronx and consists of approximately 4,362 SF. The property features a ground-floor retail unit with a lease extending through 2034, while the second floor is currently a vacant shell, offering additional upside potential.
The property also offers significant development potential, with zoning allowing approximately 8,940 ZFA as-of-right and up to 11,622 ZFA with UAP. The property is also located within an Opportunity Zone.
Situated between E 140th Street and E 141st Street, the property benefits from convenient access to neighborhood restaurants, shops, markets, schools, and parks, as well as nearby 4, 5, and 6 subway service.
The property also offers significant development potential, with zoning allowing approximately 8,940 ZFA as-of-right and up to 11,622 ZFA with UAP. The property is also located within an Opportunity Zone.
Situated between E 140th Street and E 141st Street, the property benefits from convenient access to neighborhood restaurants, shops, markets, schools, and parks, as well as nearby 4, 5, and 6 subway service.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,362 SF
Building Class
C
Year Built
1931
Price
$2,631,899 CAD
Price Per SF
$603.37 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.25
Lot Size
0.08 AC
Opportunity Zone
Yes
Zoning
R6 - R6 is a medium-density residential zoning district.
Frontage
117’ on 3rd Ave
Amenities
- Bus Line
Property Taxes
| Parcel Number | 02315-0005 | Improvements Assessment | $148,347 CAD |
| Land Assessment | $50,357 CAD | Total Assessment | $198,703 CAD |
Property Taxes
Parcel Number
02315-0005
Land Assessment
$50,357 CAD
Improvements Assessment
$148,347 CAD
Total Assessment
$198,703 CAD
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