2829 Edson AveThe Bronx, NY 10469

Property Details for 2829 Edson Ave

Year built

2003

Lot size

1.24 AC

Property size (Sq ft)

15,000 SF

Zone code

R4

Property type

Retail space

APN

04800-0018

APU

48000018

Description

This exceptional retail opportunity encompasses a 14,676 square foot building situated at 2829 & 2875 Edson Avenue in the Bronx, New York, 10469. The property features a single, multi-tenant suite with 1,938 square feet currently available for lease. The building boasts 93 parking spaces, a significant advantage in this high-traffic area. Its prime location on the south service road of Interstate 95 ensures incredible visibility and accessibility. The property benefits from its proximity to major retail destinations, including the newly constructed Bay Plaza Mall and Bay Plaza Shopping Center, home to anchor tenants such as Macy's, H&M, Marshalls, AMC Theatre, Raymour & Flanigan, Uniqlo, and Old Navy. This strategic location also draws significant foot traffic from the densely populated Co-op City, directly adjacent to I-95. This presents a unique chance to establish a thriving business within a bustling commercial hub, benefiting from high visibility and a strong customer base. The available space offers significant potential for a variety of retail uses. Contact us today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $3,645,524

  6.5%

  $3,365,099

  7%

  $3,124,734

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,938,948

  Geo Method

  $4,938,948

• Alternative Use

  Use

  Valuation

  Residential

  $2,838,587

  Hospitality

  $2,600,130

  Educational

  $2,163,278

  Medical

  $2,237,676

  Retail

  $3,365,099

Location Insight

City

Bronx

County

Bronx

State

New York

Latitude

40.8688

Longitude

-73.8339

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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