2415 Arthur AveThe Bronx, NY 10458

Property Details for 2415 Arthur Ave

Year built

2015

Lot size

0.31 AC

Property size (Sq ft)

8,535 SF

Zone code

R6

Property type

Office properties

Property subtype

Other office properties

APN

03066-1001

APU

30661001

Description

This exceptional 3,500 square foot special purpose property, located at 2415 Arthur Avenue in the Belmont neighborhood of the Bronx, presents a unique investment opportunity. Currently configured as a built-out fitness center, the single-tenant space is ideally situated between East 187th Street and East 188th Street, offering convenient access to public transportation. The property benefits from its proximity to the Fordham Road subway station (B & D trains) and several bus lines (Bx15, Bx17, & BX9), ensuring high visibility and accessibility for clientele. The vibrant Belmont neighborhood boasts a diverse range of established businesses, including restaurants (Ann & Tony's, Rocco's, Vitto Machiavelli, Zero Otto Nove, etc.), retail shops (Boost Mobile, Western Union, etc.), financial institutions (Chase Bank), and healthcare providers (Essen Health Care, Arthur Avenue Women's Health). This strong tenant mix contributes to a thriving commercial environment, creating a high-traffic area ideal for a fitness center or similar business. The property's location in Bronx County, New York, with a zip code of 10458, provides easy access to a large and diverse population base. This turnkey operation offers immediate potential for a new owner to capitalize on the existing infrastructure and strong location. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $1,411,090

  6.5%

  $1,302,545

  7%

  $1,209,506

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,115,183

  Geo Method

  $1,115,183

• Alternative Use

  Use

  Valuation

  Residential

  $1,615,156

  Hospitality

  $1,479,474

  Educational

  $1,230,905

  Medical

  $1,273,238

  Retail

  $1,914,741

Location Insight

City

Bronx

County

Bronx

State

New York

Latitude

40.856

Longitude

-73.8875

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].