836 Hunts Point AveThe Bronx, NY 10474
- Retail properties
- 1,065 SF
Property Details for 836 Hunts Point Ave
- Year built
- 1931
- Lot size
- 0.04 AC
- Property size (Sq ft)
- 1,065 SF
- Zone code
- R6
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 02762-0012
- APU
- 27620012
Description
This exceptional retail property at 836 Hunts Point Avenue in the Bronx, New York (zip code 10474), offers a unique investment opportunity. The building, situated on a 19' x 100' lot (1,900 square feet), boasts 1,800 square feet of ground floor retail space complemented by a full basement. The property is zoned R6, C1-4, allowing for a diverse range of uses. Potential buyers will appreciate the heavy gas service already in place. The building's location is a key advantage, situated in a high-traffic corridor just two blocks from a subway station, ensuring excellent visibility and accessibility. Annual real estate taxes are approximately $8,400. Beyond its current configuration, the property presents significant development potential. Buildable square footage includes 4,617 square feet for residential use and 9,120 square feet for facility construction. This versatile space is ideal for owner-occupancy or a variety of retail uses, including convenience stores, medical offices, laundromats, non-profit organizations, showrooms, or other office spaces. The property's size, location, and zoning make it an attractive proposition for a wide range of potential buyers.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $258,832
- 6.5%
- $238,922
- 7%
- $221,856
-
Comparable approach
- Method
- Valuation
- Relative Method
- $350,665
- Geo Method
- $350,665
-
Alternative Use
- Use
- Valuation
- Residential
- $201,540
- Hospitality
- $184,609
- Educational
- $153,593
- Medical
- $158,875
- Retail
- $238,922
Location Insight
- City
- Bronx
- County
- Bronx
- State
- New York
- Latitude
- 40.8175
- Longitude
- -73.8881
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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