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3208 3rd Ave

21,219 SF Vacant Retail Building Bronx, NY 10451 For Sale

Investment Highlights

  • New elevator installed servicing all 4 floors
  • Fully gut renovated Second & Third floors, new HVAC systems, and bathrooms
  • Ground and Cellar level are leased to a retail tenant with a 90 day cancellation option
  • Over 16 FT ceilings on all 4 floors

Executive Summary

Located in the New York City borough of the Bronx, Melrose is a residential area to the north of Mott Haven and west of Longwood, and is recognized as part of the South Bronx. It is a rectangular neighborhood, with Third Avenue forming the eastern border, 149th Street to the south, Park Avenue to the west, and 161st Street to the north. Melrose Avenue and Third Avenue are the primary thoroughfares running through the area. The Hub-Third Avenue Business Improvement District is a well-known local shopping district situated at the point where five major roads meet, such as East 149th Street, Westchester, Willis, Melrose, and Third Avenues. This retail area is second in size to Fordham Road. The property is located near a retail corridor, near mass transportation, schools and across the street of the new Boricua College in a high-density area. The property is steps away from the new Boricua Village over 700 rental units, Saint Ann’s Apartments over 660 rental units, La Central: South Bronx’s newest rental community consisting of 992 rental units, and a 50,000 SF state-of-the-art YMCA

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
21,219 SF
Building Class
C
Year Built
1931
Percent Leased
Vacant
Tenancy
Multiple
Building Height
4 Stories
Building FAR
3.25
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
C4-4,Bronx (K9) - General Commercial
Frontage
50 FT on 3rd Ave

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • Lower Level
  • 5,750 SF
  • Retail
  • In-Line
  • Now
  • 1st Floor
  • 5,750 SF
  • Retail
  • In-Line
  • Now
  • 2nd Floor
  • 4,760 SF
  • Office
  • -
  • Now
  • 3rd Floor
  • 4,959 SF
  • Office
  • -
  • Now
Space Size Space Use Position Available
Lower Level 5,750 SF Retail In-Line Now
1st Floor 5,750 SF Retail In-Line Now
2nd Floor 4,760 SF Office - Now
3rd Floor 4,959 SF Office - Now

Lower Level

Size
5,750 SF
Space Use
Retail
Position
In-Line
Available
Now

1st Floor

Size
5,750 SF
Space Use
Retail
Position
In-Line
Available
Now

2nd Floor

Size
4,760 SF
Space Use
Office
Position
-
Available
Now

3rd Floor

Size
4,959 SF
Space Use
Office
Position
-
Available
Now

Lower Level

Size 5,750 SF
Space Use Retail
Position In-Line
Available Now

1st Floor

Size 5,750 SF
Space Use Retail
Position In-Line
Available Now

2nd Floor

Size 4,760 SF
Space Use Office
Position -
Available Now

3rd Floor

Size 4,959 SF
Space Use Office
Position -
Available Now

Walk Score ®
Walker's Paradise (91)
Transit Score ®
Rider's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Foodtown
Key Food
Checkers
Starbucks
ALDI
Bravo
YMCA
Chase
Golden Krust
Santander

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02620-0009
Land Assessment
$176,850
Improvements Assessment
$356,610
Total Assessment
$533,460
  • Listing ID: 30884302

  • Date on Market: 2/6/2024

  • Last Updated:

  • Address: 3208 3rd Ave, Bronx, NY 10451

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