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28763471
28763472

320 E 204th St, The Bronx, NY 10467

SB
NY 10311204539
Tri State Commercial
JS
Tri State Commercial
Listed by Tri State Commercial
$6,300,000
835 days on market
Updated 46 days ago

10,200 SF One Story Multi-Tenant Retail Building for Sale

Details
Property Type Retail, Office
Sub Type Executive Office, One Story Multi-Tenant Retail Building
Square Footage 10,200
Units 3
Cap Rate 6.10%
NOI $337,964
Occupancy 100%
Tenancy Multi
Lease Type Modified
Price per SqFt $588
Stories 1
Lot Size (SqFt) 5,150
Zoning R5D, C1-4

10,200 SF One Story Multi-Tenant Retail Building for Sale

Marketing description

320 East 204th Street presents a prime multitenant retail investment opportunity in the Norwood neighborhood of the Bronx. This one-story commercial building spans approximately 10,200 square feet and features three fully occupied ground-floor retail units with additional cellar space, offering stable in-place income. Positioned along a high-traffic corridor, the property benefits from strong visibility and consistent foot traffic in a vibrant, densely populated area. This active retail asset is ideal for investors seeking a turnkey opportunity in one of the Bronx’s most desired commercial districts.

Ideally positioned near the corner of East 204th Street and Perry Avenue, 320 East 204th Street is located in the heart of Norwood, one of the Bronx’s most active retail corridors. The property offers excellent visibility and steady foot and vehicle traffic, with convenient access to the D train at Norwood–205th Street and multiple bus lines, including the BX34, BX28, BX38, and BX16. Surrounded by a strong mix of national and local retailers such as Dunkin’, McDonald’s, Foodtown, Crunch Fitness, Chase Bank, and Family Dollar, this location is a prime destination for tenants and investors seeking a stable, high-traffic environment.

100% occupied commercial building in Norwood for sale!

Located in the Norwood neighborhood of the Bronx between Hull Ave & Perry Ave near the Norwood - 205th St subway station.

Nearest Transit: D train at Norwood - 205th St and the BX34, BX28, BX38, & BX16 bus lines.

Nearby tenants include Dunkin', McDonald's, Boost Mobile, Foodtown, Crunch Fitness, Capital One Bank, Subway, Chase Bank, Family Dollar, Domino's Pizza, Popeyes, Metro by T-Mobile, Texas Chicken & Burgers, Papa Johns, and more!

Investment highlights

  • One story building
  • 3 fully occupied commercial units
  • Ground floor retail + cellar
  • Desired neighborhood with a busy traffic corridor

Listing Contacts

SB
NY 10311204539
Tri State Commercial
JS
Tri State Commercial
Listed by Tri State Commercial

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$337,964.00
$28,163.67/mo

Valuation Metrics

0
DSCR
5.36%
Cap Rate
5.36%
ROI

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