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704-706 E 183rd St 2,024 SF 33% Leased Retail Building Bronx, NY 10458 $1,205,890 CAD ($595.80 CAD/SF)
Investment Highlights
- Mixed-use building containing two commercial spaces and one residential apartment.
- Residential unit and one commercial space are expected to be delivered vacant.
- Accessible to public transportation, local bus routes, and major roadways.
- One commercial unit is occupied by a barbershop, providing existing rental income.
- Located in the Belmont neighborhood near Arthur Avenue and the Bronx Zoo.
- Suitable for owner-users seeking occupancy flexibility or investors pursuing mixed-use income potential.
Executive Summary
704-706 E 183rd: a three unit building centrally located in the Bronx. 2 commercial spaces + a three bedroom residential unit upstairs. The residential unit + one of the commercial units will be delivered vacant offering flexibility for a potential owner-occupant. The other commercial space is rented to a barbershop for $1,700 monthly. Ideal for end-users and investors. Located close to the Bronx Zoo, MTA subway and buses, major highways, and shops. The owner is open to seller financing.
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$143,191
|
$70.75
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$143,191
|
$70.75
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $143,191 |
| Annual Per SF | $70.75 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $143,191 |
| Annual Per SF | $70.75 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
2,024 SF
Building Class
C
Year Built
1901
Price
$1,205,890 CAD
Price Per SF
$595.80 CAD
Percent Leased
33%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.01
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
R7-1, Bronx, (S0) - Mixed Use
Frontage
43’ on East 183rd Street
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Ed Barber Shop
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Ed Barber Shop | Services | - | - | - |
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 03101-0053 | Improvements Assessment | $25,399 CAD |
| Land Assessment | $6,251 CAD | Total Assessment | $31,650 CAD |
Property Taxes
Parcel Number
03101-0053
Land Assessment
$6,251 CAD
Improvements Assessment
$25,399 CAD
Total Assessment
$31,650 CAD
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704-706 E 183rd St
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