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2936 3rd Ave
Bronx, NY 10455
Retail Property For Sale
Executive Summary
Kassin Sabbagh Realty (KSR) has been exclusively retained to arrange the sale of 2936 Third Avenue, Bronx, NY 10455, a five-story commercial building totaling approximately 12,500 SF, plus a 2,500 SF lower level, located in the heart of the South Bronx. The property will be delivered vacant, offering exceptional flexibility for both owner-users and investors. The upper floors, currently utilized for storage, present a clear opportunity for conversion to office or retail use, allowing a buyer to significantly enhance income and overall asset value. With its vacant delivery and adaptable layout, 2936 Third Avenue is well-positioned for redevelopment, owner occupancy, or strategic lease-up, providing multiple paths to value creation.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
15,000 SF
Building Class
C
Year Built
1920
NOI
$636,870 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Building FAR
5.74
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
C4-4 - Medium density commercial district
Frontage
25’ on 3Rd Ave
Property Taxes
| Parcel Number | 02362-0038 | Improvements Assessment | $623,170 CAD |
| Land Assessment | $231,305 CAD | Total Assessment | $854,475 CAD |
Property Taxes
Parcel Number
02362-0038
Land Assessment
$231,305 CAD
Improvements Assessment
$623,170 CAD
Total Assessment
$854,475 CAD
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