3208 3rd Ave
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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
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
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 |
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Lower Level
Size | 5,750 SF |
Space Use | Retail |
Position | In-Line |
Available | Now |
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
Size | 5,750 SF |
Space Use | Retail |
Position | In-Line |
Available | Now |
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
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2nd Floor
Size | 4,760 SF |
Space Use | Office |
Position | - |
Available | Now |
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
3rd Floor
Size | 4,959 SF |
Space Use | Office |
Position | - |
Available | Now |
Walk Score ®
Walker's Paradise (91)
Transit Score ®
Rider's Paradise (100)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 02620-0009 | Improvements Assessment | $356,610 |
Land Assessment | $176,850 | Total Assessment | $533,460 |
PROPERTY TAXES
Parcel Number
02620-0009
Land Assessment
$176,850
Improvements Assessment
$356,610
Total Assessment
$533,460
1 of 12
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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3208 3rd Ave
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