2301 Jerome Ave
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2301 Jerome Ave
25,000 SF 100% Leased Retail Building Bronx, NY 10468 For Sale 6.30% Cap Rate
Investment Highlights
- Corner Building
- Family Dollar in Place since 2003
- Fully Occupied With Long Leases
Executive Summary
Two Story Building
Fully Leased
25,000 Square Foot Building
Corner Property
Tenants are Family Dollar & Billiard Parlor
9 Years Left on Family Dollar Lease
FDS has been in the building since 2003 and expanded to full ground floor in 2013
10 Years Left on Billiard Parlor Lease
Fully Sprinklered Building
Rooftop HVAC Units- Maintained by Tenants
125' Frontage on Jerome Ave
100' Frontage on Evelyn Place
At Subway Station (4 Line)
Contact Michael At Gilco Realty to receive full information
Fully Leased
25,000 Square Foot Building
Corner Property
Tenants are Family Dollar & Billiard Parlor
9 Years Left on Family Dollar Lease
FDS has been in the building since 2003 and expanded to full ground floor in 2013
10 Years Left on Billiard Parlor Lease
Fully Sprinklered Building
Rooftop HVAC Units- Maintained by Tenants
125' Frontage on Jerome Ave
100' Frontage on Evelyn Place
At Subway Station (4 Line)
Contact Michael At Gilco Realty to receive full information
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
25,000 SF
Building Class
C
Year Built
2004
Cap Rate
6.30%
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.85
Lot Size
0.31 AC
Zoning
R7A/C2-4 - Commercial/Residential
Area Recently Rezoned- Thousands of New Apartments Planned
Frontage
Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Air Conditioning
Walk Score ®
Walker's Paradise (93)
Transit Score ®
Rider's Paradise (100)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 03198-0105 | Improvements Assessment | $1,046,970 |
| Land Assessment | $218,700 | Total Assessment | $1,265,670 |
PROPERTY TAXES
Parcel Number
03198-0105
Land Assessment
$218,700
Improvements Assessment
$1,046,970
Total Assessment
$1,265,670
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2301 Jerome Ave
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