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.
📍 The Bronx
🔒 The exact address and location are confidential and are released only after you sign the NCNDA and the listing broker approves your request.
Nearby buildings from NYC public records. Click any address for its owner, sales and mortgage history.
Approved off-market listings earn a week of our premium Crezly membership and other perks.
The lenders with the most recorded retail mortgages in Bronx since 2021, from public ACRIS filings.
Crezly connects borrowers and lenders. Crezly is not a loan broker, does not negotiate terms, and receives no compensation contingent on any loan closing.
Pro-forma, debt sizing against real recorded NYC leverage, cash flow, IRR and a sensitivity grid. Free account — no card.
Create a free Crezly account and we will email you new off-market deals like this, from 2,235 live listings by owners and brokers.
We’ll send new off-market deals straight to your inbox.