Multi-Story Corner Commercial Building - FOR SALE
$5,500,000
2936 Third Avenue, Bronx, NY 10455
8.46
Cap Rate
15,000 sqft
Building Size
Details:
Highlights:
- 2936 3rd Avenue is a prime corner retail building in the Bronx’s Hub offering 15,000 SF, delivered vacant, with flexible floors that can be converted to retail or office to unlock upside.
- The building’s configuration and vacant status provide an ideal opportunity for redevelopment, owner occupancy, or lease-up, maximizing rental income.
- Strong market fundamentals in the area support retail and office demand, providing a reliable income stream and long-term appreciation potential.
Description:
Kassin Sabbagh Realty (KSR) has been exclusively retained to arrange the sale of 2936 Third Avenue, Bronx, NY 10455, a five-story commercial building totaling approximately 12,500 SF, plus a 2,500 SF lower level, located in the heart of the South Bronx.
The property will be delivered vacant, offering exceptional flexibility for both owner-users and investors. The upper floors, currently utilized for storage, present a clear opportunity for conversion to office or retail use, allowing a buyer to significantly enhance income and overall asset value.
With its vacant delivery and adaptable layout, 2936 Third Avenue is well-positioned for redevelopment, owner occupancy, or strategic lease-up, providing multiple paths to value creation.
Documents:
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| Offering Memorandum |
Location
Gallery