2100 Bartow AveThe Bronx, NY 10475

  • Super regional malls
  • 545,388 SF

Property Details for 2100 Bartow Ave

Year built
1988
Lot size
29.07 AC
Property size (Sq ft)
545,388 SF
Zone code
C4-3
Property type
Super regional malls
APN
05141-0810
APU
51410810

Description

Located in Bronx County, the Bay Plaza Shopping Center offers an exceptional opportunity for retail businesses seeking high-visibility space. This multi-tenant shopping center boasts a total of 37,011 square feet of retail space, currently entirely vacant and available for lease. The property is highly divisible, with a minimum leasable unit size of 2,700 square feet and a maximum contiguous space of 25,000 square feet, providing flexibility for businesses of various sizes. This presents a unique chance to establish a presence in a vibrant commercial area. The expansive vacant space allows for complete customization and design to perfectly suit the tenant's needs and brand identity. The strategic location within Bronx County ensures high foot traffic and excellent exposure to a diverse customer base. This is an ideal opportunity for businesses looking to establish a strong foothold in a thriving retail market. The sheer size of the available space makes it suitable for a variety of retail concepts, from large-format stores to smaller boutiques, offering significant potential for growth and success. Interested parties are encouraged to inquire for further details and leasing options. The property is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $132,548,320
    6.5%
    $122,352,296
    7%
    $113,612,848
  • Comparable approach

    Method
    Valuation
    Relative Method
    $179,576,192
    Geo Method
    $179,576,192
  • Alternative Use

    Use
    Valuation
    Residential
    $103,208,744
    Hospitality
    $94,538,656
    Educational
    $78,655,048
    Medical
    $81,360,120
    Retail
    $122,352,296

Location Insight

City
Bronx
County
Bronx
State
New York
Latitude
40.8674
Longitude
-73.8254
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$3,805,749
$7,864,740
$60,848,530
$68,713,270
-
$17,852,000
$136,558,000
$154,410,000

FAQs

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