New Development – 30,000 SF Commercial Elevator Building in the Bronx

932 Southern Blvd, Bronx, NY
Price: $18,500,000
Building Type: Commercial Building
Zoning: R7-1/C2-4
Stories: 3
Retail Units: 15
FAR: 2.89
Commercial Units: 4

About this property

ONE Commercial Realty Services has been retained on an exclusive basis for the sale of 932 Southern Blvd, a three (3) story, commercial elevator building. The property is located on the East side of Southern Boulevard between Barretto Street and Hunts Point Avenue, with easy access to Bruckner Expressway, Cross Bronx Expressway and Major Deegan Expressway. The building has a high street and highway visibility and is seen by the passengers of over 200,000 passing vehicles daily. Two spaces in the building are leased at competitive rates with healthy periodical rent increases and ownership is in a process of negotiation with two more potential tenants.

Retail tenants in the vicinity includes McDonald’s, T-Mobile, Metro PCS, Sprint, Dr.Jay‘s, Burger King, Jimmy Jazz, Rite Aid, The Children’s Place, Chase, McDonald’s and many more. Nearby parks include Monsignor Del Valle Square, Hoe Garden and Dermod McDermott Memorial Park. The property is a three minute walk away from Hunts Point Avenue stop of Lexington Avenue Local 6 train

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