New Construction Retail Condo on Bustling East Tremont Avenue
$2,400,000
913 East Tremont Avenue, Bronx, NY 10460
For Sale
Retail
Condo
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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