815 Hutchinson River PkwyBronx, NY 10473

Property Details for 815 Hutchinson River Pkwy

Year built

2013

Lot size

8.07 AC

Property size (Sq ft)

164,110 SF

Zone code

M1-2

Property type

Retail properties

Property subtype

Retail space

APN

05559-1001

APU

55591001

Description

This exceptional 300,000 square foot power center, located in the Ferry Point section of the Bronx at 815 Hutchinson River Parkway and Lafayette Avenue, presents a unique investment opportunity. The property boasts five single-story buildings totaling 300,000 square feet, with 625 free parking spaces for customer convenience. Currently, 6,404 square feet are available, including a 950 square foot end-cap space (23' x 51' irregular). This prime retail space is situated within a thriving shopping center, redeveloped in 2015, and benefits from strong co-tenancy with national brands such as Target, TJ Maxx, Petco, and many more. The center enjoys high visibility and accessibility, drawing significant traffic from the surrounding community and beyond. Nearby retailers include Home Depot, Marshalls, and other major national chains, further enhancing the property's desirability. The Modified Gross Rent is available upon request. This is an ideal location for businesses seeking high foot traffic and exposure in a densely populated area of Bronx County, New York, zip code 10473.

• CAP approach

  CAP return

  Valuation

  6%

  $39,884,460

  6.5%

  $36,816,424

  7%

  $34,186,680

• Comparable approach

  Method

  Valuation

  Relative Method

  $54,035,384

  Geo Method

  $54,035,384

• Alternative Use

  Use

  Valuation

  Residential

  $31,056,030

  Hospitality

  $28,447,158

  Educational

  $23,667,700

  Medical

  $24,481,670

  Retail

  $36,816,424

Location Insight

City

Bronx

County

Bronx

State

New York

Latitude

40.8236

Longitude

-73.8374

CBSA code

35620

CBSA name

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

Property Tax & Assessments

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