500-502 E 167th St
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500-502 E 167th St
4,953 SF 50% Leased Industrial Building Bronx, NY 10456 £1,097,390 (£222/SF)
Investment Highlights
- Two Parcel Mixed Use Buildings for Sale
Executive Summary
Welcome to an exceptional investment opportunity in the heart of the bronx, brought to you by Douglas Elliman Commercial LLC. This offering features two adjacent mixed-use parcels, 500 and 502, each with a ground-level commercial space and a first floor suitable for residential or office use, along with a shared basement. Ideally sold together, these properties present a unique opportunity for investors looking to capitalize on a prime real estate in a thriving location.
This approximately 5,000 SF space includes two vacant rooms on the first level that can be used as offices or residential units, two separate retail spaces currently occupied, and a vacant shared basement ideal for storage. The spaces can potentially be merged into one, if needed.
Taxes: $14,852
This approximately 5,000 SF space includes two vacant rooms on the first level that can be used as offices or residential units, two separate retail spaces currently occupied, and a vacant shared basement ideal for storage. The spaces can potentially be merged into one, if needed.
Taxes: $14,852
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Amenities
- Air Conditioning
1 of 1
Walk Score ®
Very Walkable (86)
Transit Score ®
Rider's Paradise (96)
Bike Score ®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Number | 02371-0033 | Total Assessment | £109,990 (2024) |
| Land Assessment | £26,121 (2024) | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £83,869 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
02371-0033
Land Assessment
£26,121 (2024)
Improvements Assessment
£83,869 (2024)
Total Assessment
£109,990 (2024)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023
zoning
| Zoning Code | M11R72 (Predominant Retail With Other Use) |
| M11R72 (Predominant Retail With Other Use) |
-
Fatema 'Faye' Samim -
Anil Thomas -
Douglas Elliman Commercial Real Estate
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500-502 E 167th St
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