Mixed-Use Building Listed at 229 City Island Avenue
$950,000
229 City Island Avenue, Bronx, NY 10464
2,250 SF
Square Feet
$422
PPSF
2
Units
400.0K
PPU
Property Description
Units
2 — PPU: 400.0K
- Two story mixed-use building on City Island Avenue
- 2 residential units and 1 retail space
- 2,250 sq ft building on a 35 ft x 61 ft lot
- High foot and vehicle traffic: City Island Avenue is the area’s busiest thoroughfare, drawing locals, tourists, and boaters year-round
- Thriving dining and retail scene: located among popular restaurants including City Island Diner, Lickety Split, Little Greece, and The Black Whale, plus boutique shops and art galleries, providing a built-in customer base
- Affluent customer base: 38% of City Island residents earn over $150,000 annually, ideal for premium dining, retail, or service businesses
- Close to key attractions: minutes from City Island Marina, yacht clubs, boat rentals, and waterfront parks, drawing visitors from across NYC and Westchester
Property Details
Asset Type
Mixed-use
Year Built
1900
Neighborhood
City Island
Submarket
Bronx
ZIP
10464
Listing Type
sale
Net Operating Income (NOI)
$0
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)
-$54,042
Cash-on-Cash Return
-22.75%
Monthly Debt Service
$4,503
Annual Debt Service
$54,042
View on Map
Address
229 City Island Avenue
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Bronx Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale
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