3390-3392 E Tremont Ave | 6,139 SF | 3390 E Tremont Ave
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3390-3392 E Tremont Ave | 6,139 SF 3390 E Tremont Ave
6,139 SF 100% Leased Retail Building Bronx, NY 10461 £2,362,130 (£385/SF)
Executive Summary
The subject offering consists of a 2-building mixed-use package located at 3390-3392 E Tremont Ave.
• Two 2-story walkup buildings totaling 6,139 square feet.
• Comprising 2 apartments, a retail unit, and an office space.
• Fully occupied with a three-bedroom and a four-bedroom apartment.
• Situated on a 42' x 102' lot (irregular shape) with R6A zoning, allowing for 17,166 buildable square feet.
• Generates a robust net income of $299,245 annually.
• Recently reduced asking price of $2,990,000, offering an attractive 7.6% cap rate.
Located near the intersection of E Tremont Ave and Bruckner Blvd, this property enjoys proximity to:
• Restaurants, shops, markets, schools, and parks.
• Easy access to major highways including Hutchinson River Pkwy, I-95, and I-695.
• Convenient transit options with the 6 train nearby.
Feel free to contact me if you have any questions.
• Two 2-story walkup buildings totaling 6,139 square feet.
• Comprising 2 apartments, a retail unit, and an office space.
• Fully occupied with a three-bedroom and a four-bedroom apartment.
• Situated on a 42' x 102' lot (irregular shape) with R6A zoning, allowing for 17,166 buildable square feet.
• Generates a robust net income of $299,245 annually.
• Recently reduced asking price of $2,990,000, offering an attractive 7.6% cap rate.
Located near the intersection of E Tremont Ave and Bruckner Blvd, this property enjoys proximity to:
• Restaurants, shops, markets, schools, and parks.
• Easy access to major highways including Hutchinson River Pkwy, I-95, and I-695.
• Convenient transit options with the 6 train nearby.
Feel free to contact me if you have any questions.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,139 SF
Building Class
C
Year Built
1927
Price
£2,362,130
Price Per SF
£385
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.53
Land Acres
0.09 AC
Zoning
R4-1
Frontage
21 ft on E Tremont Ave
Amenities
- Bus Route
Walk Score ®
Walker's Paradise (92)
Transit Score ®
Excellent Transit (70)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 05306-0028 | Improvements Assessment | £39,884 |
| Land Assessment | £60,714 | Total Assessment | £100,597 |
PROPERTY TAXES
Parcel Number
05306-0028
Land Assessment
£60,714
Improvements Assessment
£39,884
Total Assessment
£100,597
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Roni Soleimani -
SP Capital Group LLC
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3390-3392 E Tremont Ave | 6,139 SF | 3390 E Tremont Ave
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