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526-530 Willis Ave

7,380 SF 100% Leased Retail Building Bronx, NY 10455 £8,634,901 (£1,170/SF) 2.42% Net Initial Yield

Executive Summary

Prime Development Area. Great Investment, Gross Income: $452,164/Yr, Expense: $178,000/Yr, NOI: $266,164/ Yr, Lot Size: 5,427 SF(81.91x66.25), Please contact L/A directly Helen Moon 718-344-6565

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 - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

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 -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
7,380 SF
Building Class
C
Year Built
1931
Price
£8,634,901
Price Per SF
£1,170
Net Initial Yield
2.42%
NOI
£208,936
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.88
Land Acres
0.09 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C4-4
1 of 1
Walk Score ®
Walker's Paradise (96)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Key Food
Boston Market
Checkers
YMCA
Chase
Golden Krust
Capital One
Santander
TD Bank
Blink Fitness

PROPERTY TAXES

Parcel Number 02293-0004 Improvements Assessment £980,968 (2024)
Land Assessment £141,298 (2024) Total Assessment £1,122,266 (2024)

PROPERTY TAXES

Parcel Number
02293-0004
Land Assessment
£141,298 (2024)
Improvements Assessment
£980,968 (2024)
Total Assessment
£1,122,266 (2024)
(917) 886-4005

  • Listing ID: 31302225

  • Date on Market: 22/03/2024

  • Last Updated:

  • Address: 526-530 Willis Ave, Bronx, NY 10455

The Retail Property at 526-530 Willis Ave, Bronx, NY 10455 is currently available For Sale. Contact Promise Realty LLC for more information.

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526-530 Willis Ave
(917) 886-4005 x

526-530 Willis Ave

Young Kim

(917) 886-4005

(917) 886-4005

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