2330 Cambreleng AveThe Bronx, NY 10458

Property Details for 2330 Cambreleng Ave

Year built

2022

Lot size

0.17 AC

Property size (Sq ft)

32,141 SF

Zone code

R7-1

Property type

Residential income properties

Property subtype

Other apartment buildings

APN

03089-0018

APU

30890018

Description

This exceptional 800-square-foot special purpose property represents a unique investment opportunity in the thriving Belmont neighborhood of the Bronx, New York. Situated at 2330 Cambreleng Avenue, this brand-new community facility boasts a prime location between East 183rd Street and East 187th Street, offering unparalleled convenience and accessibility. The property is a single-tenant building, ideal for a variety of uses. Its strategic placement ensures high visibility and foot traffic, benefiting from its proximity to a diverse range of established businesses and amenities. The area is well-served by public transportation, with the B and D subway lines readily accessible at the 182nd-183rd Street station, as well as the BX17 bus line. Nearby, residents and visitors can enjoy a vibrant mix of retail options, including CTown Supermarkets, Artuso Pastry Shop, The Bronx Beer Hall, Prince Coffee House, Roberto's, Enzo's, Rite Aid, McDonald's, and Terranova Bakery, among others. This property presents a compelling opportunity for an owner-user or investor seeking a well-located, modern facility in a rapidly developing area of the Bronx. The property is located in Bronx County, New York, with a zip code of 10458. This is a single-tenant building in a high-traffic area with excellent public transportation access.

• CAP approach

  CAP return

  Valuation

  6%

  $6,589,196

  6.5%

  $6,082,334

  7%

  $5,647,882

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,509,292

  Geo Method

  $6,509,292

• Alternative Use

  Use

  Valuation

  Residential

  $6,082,334

  Hospitality

  $5,571,386

  Educational

  $4,635,328

  Medical

  $4,794,744

  Retail

  $7,210,509

Location Insight

City

Bronx

County

Bronx

State

New York

Latitude

40.8534

Longitude

-73.8855

CBSA code

35620

CBSA name

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

Property Tax & Assessments

FAQs

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