Exclusive Commercial Property FOR SALE
Excellent and prominent Mott Haven East 138th St HUB corner location directly at Manhattan border with solid commercial rental income coupled with superb long term asset appreciation potential. Building has been fully renovated and property receives 100% rent collections. Just 1 block from the train and amidst booming new high-rise luxury residential developments. Attractive additional air rights to allow another two floors which could offer an approx. $168k of gross income. Property also has an existing elevator shaft and an elevator can be added to the property. A unique and rare real estate offering.

BLOCK: 2320
LOT: 77
Address: 2535 Third Ave
Bronx, NY 10451

Lot SF: 2,857 (37.42’ x 89’)
Stories: 3 floors plus full stand-up basement
Building SF: 9,200
Frontage: 37.58’
No. of Units: 2 Commercial Loft floors plus 2 Ground Floor Storefronts
Yr Built: 1931
Annual Taxes: $71,846

- Air rights for a 4th & 5th fl on 2535 Third Ave allowing for an additional $168,000 projected annual rental income. Existing elevator shaft also would allow for a new elevator
- Rock solid construction and completely renovated
- Within 5 mins of all major transportation arteries
- Just yards from subway (no.6 train at Alexander Av; or no.4/5 trains a few blocks away) and only 3 blocks from Manhattan

Contact for rent roll and further information. Appointment necessary for a showing.

Property Location