6-Unit Bronx Retail - 16% Cap Rate | Crezly

6-Unit Bronx Retail - 16% Cap Rate

$950,000 Retail Off-Market ♡
Price$950,000
Price / SF$194
Building SF4,900
Lot120 x 81 irr.
Asset TypeRetail
UploadedOct 28, 2026
📄 Download Offering Flyer (PDF)

Investment Highlights

The property is a 4,9000 SF triangular lot with 120 ft of frontage on Southern Blvd and 81 ft on Tinton Ave. It includes 6 retail tenants and 2 storage tenants. All tenants pay cash and are current on rent.

The property has a single meter for gas and electric and no boiler.
A Phase 2 environmental assessment conducted in 2006 found contamination; the report is not available.
The landlord covers all expenses and factors those costs into the rent.

Asking price: $950,000, representing a 16.23% cap rate and 4.77x rent roll.

Location

📍 The Bronx

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Who finances deals like this

The lenders with the most recorded retail mortgages in Bronx since 2021, from public ACRIS filings.

  1. Newbank — 7 loans, typically $781K–$1.91M
  2. Eastern Funding LLC — 6 loans, typically $650K–$1.28M
  3. Symetra Life Insurance Company — 5 loans, typically $1.5M–$5M
  4. Promiseone Bank — 3 loans, typically $443K–$3.36M
  5. Accoland LLC — 2 loans, typically $2.13M–$9.93M
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Aaron Heideman
  • Aaron Heideman