596 Grand Concourse
$1,350,000
596 Grand Concourse, New York, NY 10451
For Sale
Mixed Use
Residential/Retail
Active
Last Updated: 09/30/2026
8.3
Cap Rate
9.5
Pro Forma Cap Rate
Details:
Cap Rate: 8.3%
Pro Forma Cap Rate : 9.5%
NOI: $10,100
Building Size: 3,500 sqft
Lot Area: 1,574 sqft
Occupancy: 100%
Class: C
Units: 4
Lease Type: Triple Net
Tenancy: Multiple
Floors: 4
Year Last Renovated: NA
Gross Leaseable Area: 3,500
Roof: Flat sahpalt
Restrooms: 4
CeilingHeight: 8
Investment Strategy: Core
Lease Expire Year: NA
Highlights:
- Very High Cap Rate 8.5
- High demand area
- 100% Occupancy rate
- Cash Flow from day 1
Description:
The building is located in the core of downtown Bronx. One of the busiest intersections for bus, train, and major highways. Very heavy foot traffic only blocks from NY Yankees Stadium and Bronx courthouses directly on the famous Grand Concourse.
Location
Gallery
