www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
14834078
14834103

3208 Third Ave, Bronx, NY 10451

JR
NY NY10311208801
JLR Realty Inc
NW
AGW Partners
Listed by JLR Realty Inc, AGW Partners
Unpriced
849 days on market
Updated 55 days ago
Opportunity zone

3208 Third Avenue

Details
Property Type Mixed Use, Office (+1)
Sub Type Creative Office, Retail
Tenancy Multi
Lease Type NNN
Rent Bumps No
Broker Co-Op Yes
Class B
Year Built 1931
Year Renovated 2024
Buildings 1
Stories 3
Lot Size (SqFt) 6,550
Zoning C4-4
Investment Type Value Add
Sale Condition For sale by owner

For Sale By Owner Fully Renovated 21,620 SF Building in the Bronx

Marketing description

Brokers Protected

THIRD AVENUE IS ONE OF THE BUSIEST CORRIDORS IN THE BRONX

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 is 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

NEIGHBORS include Foot Locker, ALDI, Five Below, Marshalls, GNC, Burlington, Home Goods, Dunkin’, Family Dollar, Food Bazaar, McDonald’s, Chipotle, T-Mobile, Popeyes, Rite Aid, Retro Fitness, BP, Panda, Speedway, CVS, City Agencies, Daycares, Schools, QSR’s and more!

Investment highlights

  • Magnificent brand new 15 FT wide staircase seamlessly connecting the ground and cellar floors creating a 11,900 sf open retail space

  • Ground and Cellar level are leased to a retail tenant with a 90 day cancellation option

  • New elevator installed servicing all 4 floors

  • Over 16 FT ceilings on all 4 floors

  • Fully gut renovated Second & Third floors, new HVAC systems, and bathrooms

Listing Contacts

JR
NY NY10311208801
JLR Realty Inc
NW
AGW Partners
Listed by JLR Realty Inc, AGW Partners

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Jesse Rubens
License
NY10311208801
Brokerage
JLR Realty Inc
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591