3493 Jerome Ave
Bronx, NY 10467
Rainbow - Corp. Abs. NNN - Under Market Rent · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporate Credit Tenant – Successful Operation at Subject Property Since 2009
- Larger Space – Accommodates Social Distancing or Multiple Tenants -
- High Barrier to Entry Commercial Corridor and General Trade Area – Half-Mile from Major Demand Drivers and Scarce Outdoor Amenities
- Below Average Trade Area Rent Due to Pandemic with Ability to Immediately Increase (Contact Agent for Details)
- Strong Demographics and Traffic – 101,000++ People w/ $57,000+ Average HHI in One-Mile - Visible to 31,700+ Vehicles and Transit Riders
- Future Development Upside – Zoned for Up to 17,000 Additional Square Foot of Apartments
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,000 SF
Building Class
C
Year Built
1947
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.11 AC
Zoning
R7-1 - Zoned for up to 17,000 Sq Ft of apartments above
Frontage
50’ on Jerome Ave
PROPERTY TAXES
| Parcel Number | 03324-0144 | Improvements Assessment | $798,030 |
| Land Assessment | $197,550 | Total Assessment | $995,580 |
