Take advantage of this exclusive opportunity to own a prime retail property in the heart of the Hunts Point neighborhood in the Bronx! This 1,800 sq. ft. building offers a high-traffic location just 2 blocks from the subway, making it ideal for retail businesses, medical offices, convenience stores, laundromats, and more. Key features include: 1,800 sq. ft. ground floor retail space with a full basement Heavy gas service - ideal for laundromats and other high-utility businesses Zoning: R6, C1-4, offering flexible development potential Residential Buildable: 4,617 BSF, Facility Buildable: 9,120 BSF Lot size: 19' x 100' (1,900 sq. ft.) Clear height: 15' Property taxes: Approx. $8,400 annually Current tenant paying $42,000/year net on a month-to-month lease Can be delivered vacant upon request This property offers easy access to major transportation hubs, including the BX6 and BX6-SBS buses, and is situated along a bustling commercial corridor. With great development potential, this building is perfect for owner-occupiers or investors seeking a versatile commercial space.
836 Hunts Point Avenue, Bronx, NY, 10474
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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