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545 E 183rd St

4,200 SF 100% Leased Retail Building Bronx, NY 10458 £1,727,910 (£411/SF) 5.53% Net Initial Yield

Executive Summary

Mix-use Building in Prime Location. Near St. Barnabas Hospital, Bus and Train Metro North, 3 Ave, Fordham Rd and University
Block:3052, Lot 23 Total Lot Size: 2,000 SF(20x100) , Zoning C4-4D , FAR:6.02,
Building 4,200 sf(20x70), Building Class: S2(1 Store, 2 Residential) Property Tax:$7,000.00, 1st Floor Tenant pay Property Tax and 50% of Water Bill,
Value will be increased after development completed cross street.

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income £99,769 £23.75
Other Income - -
Vacancy Loss - -
Effective Gross Income £99,769 £23.75
Taxes - -
Operating Expenses - -
Total Expenses £5,530 £1.32
Net Operating Income £94,239 £22.44

Financial Summary (Actual - 2023)

Gross Rental Income
Annual £99,769
Annual Per SF £23.75
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £99,769
Annual Per SF £23.75
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual £5,530
Annual Per SF £1.32
Net Operating Income
Annual £94,239
Annual Per SF £22.44

Property Facts

Sale Type
Investment
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,200 SF
Building Class
C
Year Built
1931
Price
£1,727,910
Price Per SF
£411
Net Initial Yield
5.53%
NOI
£95,469
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Building FAR
1.93
Land Acres
0.05 AC
Opportunity Zone
Yes
Zoning
C4-4D,R7-1,Bronx(S2)
Walk Score ®
Walker's Paradise (96)
Transit Score ®
Rider's Paradise (100)
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.®

Nearby Major Retailers

CTown
ALDI
Applebee's
Starbucks
Chase
Tapout Fitness
Blink Fitness
Rent-A-Center
TD Bank
Bravo

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03052-0023
Land Assessment
£3,196 (2024)
Improvements Assessment
£23,889 (2024)
Total Assessment
£27,085 (2024)
  • Listing ID: 13818278

  • Date on Market: 18/09/2018

  • Last Updated:

  • Address: 545 E 183rd St, Bronx, NY 10458

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