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31640039
31639799

2530 Boston Rd, Bronx, NY 10467

RC
NY 40CO0983987
Besen Partners
Listed by Besen Partners
$3,000,000
53 days on market
Updated 3 days ago

2530 Boston Road

Details
Property Type Retail, Office (+1)
Sub Type Storefront, Shopping Center (+1)
Square Footage 10,020
Units 10
Cap Rate 8.00%
NOI $242,000
Occupancy 90%
Tenancy Multi
Lease Type Modified
Price per SqFt $300
Year Built 1929
Buildings 1
Stories 2
Lot Size (SqFt) 7,023
Zoning C8-1
Tenant Credit No Credit Rating
Ground Lease No

Retail / Commercial NYC Property - 8% Cap

Marketing description

Besen Partners, as exclusive agent for Ownership, is pleased to offer for sale 2530 Boston Road, Bronx, NY 10467 (the “Property”). The Property is a 2-story, 10,020± SF retail/commercial building built on a 7,023± SF lot. Zoned C8-1 with 10 total units: 7 retail and 3 commercial. There is only one vacant commercial unit on the second floor. Total SF by floor: 5,320± SF on the first floor, 4,700± SF on the second floor, and the basement is 30’ x 30’ (900± SF).

Investment highlights

2530 Boston Road is a well-positioned retail asset located along a highly trafficked corridor in the Bronx, offering strong visibility and consistent pedestrian and vehicular exposure. Situated in a dense residential neighborhood, the property benefits from a built-in customer base and steady daily foot traffic driven by surrounding multifamily housing and local commerce.

The property features a prominent storefront along Boston Road, making it ideal for a wide range of retail, service, or community facility uses. Its accessibility is enhanced by proximity to major thoroughfares and public transportation options, providing convenient connectivity throughout the Bronx and into the greater New York City area.

Surrounded by a mix of national retailers, neighborhood businesses, and essential services, 2530 Boston Road is strategically positioned within an active retail corridor that supports long-term tenant demand. The area’s ongoing residential density and neighborhood stability make this an attractive opportunity for both investors and owner-users seeking a foothold in a vibrant Bronx submarket.

Listing Contacts

RC
NY 40CO0983987
Besen Partners
Listed by Besen Partners

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$242,000.00
$20,166.67/mo

Valuation Metrics

0
DSCR
8.07%
Cap Rate
8.07%
ROI

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