3480-3496 Boston Road

Block Front Retail for Sale in Baychester

RETAIL

2

# OF PROPERTIES

11,063 SF

BUILDING SIZE

4

UNITS

6.98%

CAP RATE

Investment Highlights

Westbridge Realty Group has been retained as the exclusive broker to sell the Block Front Retail Package in Baychester, Bronx.

3496 Boston Road aka 3377 Eastchester Road is a 3,339 SF retail building with one tenant, T-Mobile, paying $300,000 a year with a lease expiring in February 2022. There is a 5 year renewal option that T-Mobile is going to exercise.

Adjacent to the T-Mobile, is 1 story 3 unit retail building. 3480 Boston Road spans 7,724 square feet and is anchored by credit tenants including Domino’s and USPS. The property contains 3,600 square feet of vacant space that has been underwritten at $40 per foot.

Both properties are conveniently located walking distance to the 5 subway train.

Listing Agents