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909 E Tremont Ave
Bronx, NY 10460 West Farms

$3,500,000 USD

Apartments Condo For Sale  •  6,500 SF

Property Details

  • Property Type Apartments
  • Total Building Size 119,000 SF
  • Lot Size 0.31 AC
  • Building Class B
  • Year Built 2022
  • Cap Rate 7.72 %
  • Zoning R7X
100 Transit Score
100 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit Retail Retail 6,500 SF $3,500,000 USD
  • Unit Size: 6,500 SF
  • Condo Use: Retail
  • Price: $3,500,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $538.46 USD
Sale Notes
Kassin Sabbagh Realty (KSR) has been exclusively retained to arrange the sale of 909 East Tremont Avenue, Bronx, NY 10460, a 6,500 SF retail condominium located between Honeywell and Daly Avenues in the Crotona neighborhood of the Bronx. 
 
The property consists of four retail units and is being offered at $3,500,000, representing a 7.7% cap rate. The asset benefits from approximately 86 feet of frontage, providing strong visibility along East Tremont Avenue. 
 
Zoned R7X/C1-4, the property also benefits from an ICAP tax abatement, with current taxes of approximately $7,673. With multiple retail units, prominent frontage, and an attractive pro forma return, 909 East Tremont Avenue presents investors with an opportunity to acquire a well-positioned retail asset along an established Bronx commercial corridor.

Property Flyers

Cap Rate: 7.72 %

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Controlled Access
  • Tennis Court
  • Heating
  • Kitchen
  • Range
  • Tub/Shower
  • Roof Terrace
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Tremont Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North)) 4 min 18 min 0.9 mi
Fordham Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North), New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 6 min - 1.7 mi
Transit/SubwayDriveWalkDistance
West Farms Square-East Tremont Avenue (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 1 min 6 min 0.3 mi
174 Street (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 2 min 9 min 0.5 mi
East 180 Street (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 2 min 13 min 0.7 mi
Tremont Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North)) 3 min 19 min 0.9 mi
Freeman Street (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 2 min 20 min 1.0 mi
AirportDriveWalkDistance
LaGuardia 19 min - 9.1 mi
John F Kennedy International 30 min - 17.9 mi
Westchester County 38 min - 23.8 mi
Isaac Shabot 212-417-9217 Kassin Sabbagh Realty (KSR)
Isaac Shabot 212-417-9217 Kassin Sabbagh Realty (KSR)