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3208 3Rd Ave The Bronx, NY 10451

Fully renovated, prime location, high-density area.

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional four-story, 21,620-square-foot commercial building is available for sale or lease. Located in the thriving Melrose section of the Bronx, New York (zip code 10451), this property boasts a prime location near a major retail corridor, abundant public transportation, schools, and significant residential developments. The building, constructed in 1931 and completely renovated in 2024, features a modern elevator (installed in 2024), high 20-foot ceilings, and is divisible into spaces as small as 2,500 square feet, with a maximum contiguous space of 21,620 square feet. Currently, the entire 21,620 square feet is vacant, presenting a unique opportunity for a single tenant or multiple occupants. The building comprises four suites in total. Parking is conveniently available via municipal and street options. The property sits on a 6,550-square-foot lot and is classified as Class C. Its strategic location is further enhanced by its proximity to the new Boricua College, Boricua Village (700+ rental units), Saint Ann's Apartments (660+ rental units), La Central (992 rental units), and a 50,000-square-foot YMCA, ensuring high foot traffic and a strong tenant base. This presents a compelling investment opportunity in a rapidly developing area.

Highlights

  • 21,620 SF four-story commercial building for sale or lease in the Melrose section of the Bronx (10451).
  • Ground and cellar levels are leased to a retail tenant with a 90-day cancellation option.
  • Second and third floors are fully renovated with new HVAC systems and bathrooms.
  • Features a modern elevator, 16'+ ceilings, and is divisible into spaces as small as 2,500 SF.

Property Details for 3208 3Rd Ave

Property type
Retail properties, Office properties
RSF (Rentable sq. ft)
21,620 SF
Class
C
Year Built/Renovated
1931/2024
Buildings
1
Stories
4

Unit(s) available at that property

Space
2nd Floor
Size
4,760 SF
Space
Ground Floor / Lower Level
Size
21,620 SF
Space
3rd Floor
Size
4,959 SF

Location Insight

City
The Bronx
County
Bronx
State
New York
Latitude
40.82306885
Longitude
-73.90931864
3208 3Rd Ave, The Bronx, New York

FAQs

What type of property is this?
Retail property - Fully renovated, prime location, high-density area.
Where is the retail property located?
The property is located at 3208 3Rd Ave The Bronx, NY.
What are key features of this property?
This property features: 21,620 SF four-story commercial building for sale or lease in the Melrose section of the Bronx (10451).; Ground and cellar levels are leased to a retail tenant with a 90-day cancellation option.; Second and third floors are fully renovated with new HVAC systems and bathrooms.
How can I contact the broker?
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3208 3Rd Ave
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