3480-3490 Boston/Eastchester (3377) Road Bronx NY, 10469

Overview

Pending | Listed Apr 29, 2025 | Updated 4 weeks ago

Calling All Investors, Developers & End-Users!!! 12,500 Sqft. Strip Center With National Tenants For Sale On Boston Road!!! The Property Features Great Exposure, Excellent Signage, R5/C2-2 Zoning, 23 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.

Corner Lot + Building (10,000 Sqft.): $450,000 Ann. NNN (Available)

Pro Forma Gross Income: $763,498.44 Ann.

Expenses:

Gas: $0 Ann.

Electric: $0 Ann.

Maintenance & Repairs: $250 Ann.

Water & Sewer: $0 Ann.

Insurance: $8,296 Ann.

Taxes: $120,256 Ann.

Total Expenses: $128,802 Ann.

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

Pro Forma Net Operating Income (NOI): $724,988.44 Ann.

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Location

3480-3490 Boston/Eastchester (3377) Road Bronx NY, 10469

Interior Features

Fireplace	No
Cooling	Yes
Cooling Description	Central Air
Heating	Yes
Heating Description	Natural Gas

Exterior Features

Lot Size	0.46 Acres
Sewer	Public Sewer

Other Property Details

Taxes	$120,526
Tax Frequency	Annually
Days on Market	78
Garage	No
View	No
County	Bronx County
Water Source	Public
Utilities	Natural Gas Connected

Listing History

7/16/2025 Status change

Pending

Listed by Richard Matt Shane  with All Island Estates Realty Corp
Listing Contact: (516) 783-5600 

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Data last updated 2:20 AM UTC, 11/28/2025