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3480-3490 Boston Rd
Bronx, NY 10469 Laconia

$6,250,000 USD

Storefront For Sale  •  7,500 SF

Property Details

  • Property Type Storefront
  • Total Building Size 7,500 SF
  • Building Class C
  • Year Built 1950
  • Cap Rate 4.81 %
90 Transit Score
90 Walk Score

Highlights

Single-story corner retail building located at the intersection of Boston Road and Corsa Avenue in the Laconia section of the Bronx for sale
Built in 1950, the building totals approx. 8,450 SF and is comprised of three retail spaces, currently occupied by Domino’s, USPS, and an event space
The property benefits from 100 feet of frontage along Boston Road, a heavily trafficked corridor with approximately 28,000 vehicles passing daily
The property is in proximity to the Baychester Avenue subway station (6 line), providing convenient transit access for the surrounding trade area
investors can capture upside through expiring leases and under-market rents while an end user could occupy the existing 3,000 sf space

Property Flyers

Cap Rate: 4.81 %

Major Tenants

Tenant SF Occupied Lease End Date
Domino’s
M.A. Events, LLC 8/15/2026
United States Postal Service 2/28/2021

Public Transportation

Commuter RailDriveWalkDistance
Williams Bridge Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North)) 3 min - 1.4 mi
Woodlawn Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North)) 7 min - 2.1 mi
Transit/SubwayDriveWalkDistance
Gun Hill Road (5 Line) (5 - New York MTA Subway (The Subway)) 2 min 13 min 0.7 mi
Baychester Avenue (5 - New York MTA Subway (The Subway)) 2 min 13 min 0.7 mi
AirportDriveWalkDistance
LaGuardia 22 min - 11.2 mi
John F Kennedy International 28 min - 18.7 mi
Westchester County 30 min - 19.4 mi
Jared Friedman 646-933-2615 Investment Property Realty Group
Jared Friedman 646-933-2615 Investment Property Realty Group