Retail Space at 500 City Island Avenue Listed by Milworn Corbin
$1,000,000
500 City Island Avenue, Bronx, NY 10464
6,796 SF
Square Feet
$147
PPSF
Property Description
PROPERTY SNAPSHOT
• Single-story, single-tenant retail property on a corner lot along the main retail corridor of City Island, Bronx
• 6,796 SF of building area on 16,625 SF lot with on-site parking
• 176 ft of frontage on City Island Avenue and 92 ft of frontage on Beach St
• MTA Bx29 City Island-Pelham Bay bus provides access to the 6 train at the Pelham Bay Park Station with a travel time of 10-15 minutes.
• City Island is an affluent Bronx community with 18% of the population making $150,000-200,000 and 20% of the population making $200,000+
Property Details
Asset Type
Retail
Year Built
1936
Zoning
R3A/C2-2
Lot Size
16,625 SF
Neighborhood
City Island
Submarket
Bronx
ZIP
10464
Listing Type
sale
Offering Memorandum
Net Operating Income (NOI)
$0
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)
-$56,886
Cash-on-Cash Return
-22.75%
Monthly Debt Service
$4,741
Annual Debt Service
$56,886
View on Map
Address
500 City Island Avenue
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Bronx Retail Market Snapshot
Boundary boundary · Retail · Sale
No investors found in this market.
