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New Construction Retail Condo on Bustling East Tremont Avenue

$2,400,000

913 East Tremont Avenue, Bronx, NY 10460

Active
Last Updated: 12/13/2024

8.85

Cap Rate

212,424

NOI

Details:
Cap Rate:    8.85%
NOI:    $212,424
Building Size:    6,519 sqft
Year Built:    2020
Highlights:
  • 6,519 square foot new construction retail condo built in 2020 in West Farms, Bronx
  • Over 80’ of frontage on East Tremont Avenue surrounded by an abundance of neighborhood and local retailers
  • Space can be leased by single tenant or subdivided into 4 units, making this an ideal opportunity for investors and owner/users
  • Benefits from an ICAP tax abatement with minimal taxes until 2050
  • Situated 3 blocks from the West Farms Sq-E Tremont Av Subway stop for access to the 2 & 5 trains
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