2918 Bruckner Blvd
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2918 Bruckner Blvd
4,576 SF 100% Leased Retail Building Bronx, NY 10465 $1,598,000 ($349/SF) 8.04% Cap Rate
Investment Highlights
- Calling All Investors, Developers & End-Users!!! 100% Occupied Free Market Mixed-Use Building With Restaurant/Bar For Sale!!!
- The Property Is Located In The Heart The Bronx On Busy Bruckner Blvd. In Between I-295, I-695 & I-95!!!
- This Property Offers HUGE Upside Potential!!!
- The Building Features Great Exposure, Excellent Signage, Strong C-1 Zoning, 6 Parking Spaces, High 10’ Ceilings, (2) 3 Br. Apts., CCTV Security, +++!!
- Neighbors Include USPS, Amazon, Chase Bank, The Home Depot, Target, Planet Fitness, Petco, Walgreens, AutoZone, Mobil, Sunoco, McDonald’s, +++!!!
- This Could Be Your Next Development Site Or The Next Home For Your Business!!!
Executive Summary
Calling All Investors, Developers & End-Users!!! 100% Occupied Free Market Mixed-Use Building With Restaurant/Bar For Sale!!! The Building Features Great Exposure, Excellent Signage, Strong C-1 Zoning, 6 Parking Spaces, High 10’ Ceilings, (2) 3 Br. Apts., 3 Stories, CCTV Security System, New Roof, New Hot Water Heaters, New Gas Steam Boiler, Upgraded Electrical Service, New Gas Service, LED Lighting, 200 Amp Power, +++!!! The Property Is Located In The Heart The Bronx On Busy Bruckner Blvd. In Between I-295, I-695 & I-95!!! Neighbors Include USPS, Amazon, Chase Bank, The Home Depot, Target, Planet Fitness, Petco, Walgreens, AutoZone, Mobil, Sunoco, McDonald’s, Dollar Tree, Hertz, Mattress Firm, Burger King, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!
Income:
Apt. 1 (3 Br.): $43,272 Ann. M-M.
Apt. 2 (3 Br.): $43,272 Ann. Lease Exp.: 6/30/25.
Bar/Restaurant: $62,400 Ann.
Laundry: $1,800 Ann.
Tax Rebate From Restaurant: $1,848.24
Gross Income: $152,592.24 Ann.
Expenses:
Gas & Electric: $5,015 Ann.
Maintenance & Repairs: $800 Ann.
Water & Sewer: $4,212 Ann.
Insurance: $8,587 Ann.
Taxes: $5,533.64 Ann.
Total Expenses: $24,147.64 Ann.
Net Operating Income (NOI): $128,444.60 Ann. (8.04 Cap!!!)
Income:
Apt. 1 (3 Br.): $43,272 Ann. M-M.
Apt. 2 (3 Br.): $43,272 Ann. Lease Exp.: 6/30/25.
Bar/Restaurant: $62,400 Ann.
Laundry: $1,800 Ann.
Tax Rebate From Restaurant: $1,848.24
Gross Income: $152,592.24 Ann.
Expenses:
Gas & Electric: $5,015 Ann.
Maintenance & Repairs: $800 Ann.
Water & Sewer: $4,212 Ann.
Insurance: $8,587 Ann.
Taxes: $5,533.64 Ann.
Total Expenses: $24,147.64 Ann.
Net Operating Income (NOI): $128,444.60 Ann. (8.04 Cap!!!)
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $152,592 | $33.35 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $152,592 | $33.35 |
Taxes | $5,533 | $1.21 |
Operating Expenses | $18,614 | $4.07 |
Total Expenses | $24,147 | $5.28 |
Net Operating Income | $128,445 | $28.07 |
Financial Summary (Actual - 2023)
Gross Rental Income | |
---|---|
Annual | $152,592 |
Annual Per SF | $33.35 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $152,592 |
Annual Per SF | $33.35 |
Taxes | |
---|---|
Annual | $5,533 |
Annual Per SF | $1.21 |
Operating Expenses | |
---|---|
Annual | $18,614 |
Annual Per SF | $4.07 |
Total Expenses | |
---|---|
Annual | $24,147 |
Annual Per SF | $5.28 |
Net Operating Income | |
---|---|
Annual | $128,445 |
Annual Per SF | $28.07 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,576 SF
Building Class
C
Year Built/Renovated
1925/2024
Price
$1,598,000
Price Per SF
$349
Cap Rate
8.04%
NOI
$128,445
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.75
Land Acres
0.06 AC
Zoning
R4,Bronx,(S2)
Parking
6 Spaces (1.31 Spaces per 1,000 SF Leased)
Frontage
25 FT on Bruckner Blvd
Amenities
- 24 Hour Access
- Bus Line
- Fenced Lot
- Freeway Visibility
- Metro/Subway
- Restaurant
- Security System
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Balcony
Walk Score ®
Walker's Paradise (91)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 05419-0122 | Total Assessment | $27,551 (2024) |
Land Assessment | $4,637 (2024) | Annual Taxes | $5,533 ($1.21/SF) |
Improvements Assessment | $22,914 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
05419-0122
Land Assessment
$4,637 (2024)
Improvements Assessment
$22,914 (2024)
Total Assessment
$27,551 (2024)
Annual Taxes
$5,533 ($1.21/SF)
Tax Year
2023
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2918 Bruckner Blvd
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