COMMERCIAL
Address: ‎3480 Boston Road
Zip Code: 10469
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$5,850,000
MLS # 891171
English
Broker Contact
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All Island Estates Realty Corp Office: ‍516-783-5600

$5,850,000 - 3480 Boston Road, Bronx, NY 10469|MLS # 891171

MLS #‎ 891171
Construction Year1950
Taxes
(per year)
$50,995
Fuel TypeGas
Air
Conditioning
Central Air
BasementFull basement
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房屋英文概況 English Description

Calling All Investors, Developers & End-Users!!! 8,450+ Sqft. Strip Center With National Tenants For Sale On Boston Road!!! The Property Features Great Exposure, Excellent Signage, R5/C2-2 Zoning, 8 Parking Spaces, High 14’ Ceilings, 2 Lots, Strategically Placed Curb Cuts, Private Parking Lot, Low Property Taxes, 3 Phase Power, Sprinklers, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of The Bronx Blocks From I-95 & The Gun Hill Road Train Station!!! Neighbors Include Starbucks, Ford, Hyundai, The Bronx Zoo, CVS, Walgreens, Planet Fitness, YMCA, Macy’s, Marshall’s, Shake Shack, Firestone Complete Auto Care, Harbor Freight Tools, Buffalo Wild Wings, Wendy’s, Bob’s Discount Furniture, White Castle, Popeye’s Louisiana Kitchen, Golden Krust, Aldi, +++!!! As Of Right You Can Build 4 Additional Stories!!! The Property Has A Daily Traffic Count Of Around 20,000 Cars Per Day!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!




Income:



Domino’s (2,200 Sqft. + Shared Parking): $68,623.44 Ann.; 5% Ann. Inc; Lease Exp.: 4/30/26 + (1) 5 Year Option. Tenant Pays Their Share Of Real Estate Taxes.



USPS (5,952 Sqft. + Shared Parking): $118,800 Ann.; Lease Exp.: 2/28/26 + (1) 5 Year Option.



M.A. Events (3,000 Sqft. + Rear Yard/Parking): $126,075 Ann.; Lease Exp.: 7/31/26. 90 Day Good Guy Clause. Pays 50% Of Real Estate Taxes.



Gross Income: $313,498.44 Ann.



Expenses:



Gas: $0 Ann.



Electric: $0 Ann.



Maintenance & Repairs: $250 Ann.



Water & Sewer: $0 Ann.



Insurance: $4,296 Ann.



Taxes: $49,688.16 Ann.



Total Expenses: $54,234.16Ann.



Tax Rebate (Paid By The Stores): $90,192 Ann.



Pro Forma Net Operating Income (NOI): $349,456.28 Ann. © 2025 OneKey™ MLS, LLC

Courtesy of All Island Estates Realty Corp

公司: ‍516-783-5600




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$5,850,000
COMMERCIAL
MLS # 891171
‎3480 Boston Road
Bronx, NY 10469


Listing Agent(s):‎
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