Commercial property

•    Preliminary approval for Child Care facility
•    7 Egresses
•    Rock solid construction and to be delivered turn-key renovated
•    15’ high ceilings on two floors
•    Designated large spaces for educational purposes, worship and auditorium

New roof • new flooring • new electrical • new bathrooms (8 - two have showers) • new LED lighting • new sheetrock all throughout • new mini-split heating & cooling systems new windows • new hot water heater.

Former synagogue, approx. 14,400 Sq Ft, delivered turn-key renovated and ideal for an educational not-for-profit, a school or a housing       conversion. Preliminarily approved for childcare (ages 2-5) facility. The property underwent renovation with many significant improvements. New proposed zoning de-restrictions could allow an additional 2 stories for 40-unit housing conversion or for a large Charter School. To be       delivered vacant. 
BLOCK: 7392 

LOT: 57 

•    80’ x 100’ Lot
•    14,400 SF Building (approx.)
•    Zoning: R-5

Prime East 132nd St HUB Investment Opportunity — Border of Manhattan

Offered at: $3,995,000
Address: 2535 Third Avenue, Bronx, NY 10451
Building Size: 9,200 SF | Lot Size: 2,857 SF (37.42’ x 89’)
Zoning: M1-4 / R7X — Two additional floors buildable

Nestled at the bustling East 138th Street HUB — the Bronx’s thriving commercial corridor just steps from Manhattan — 2535 Third Avenue presents an exceptional mixed-use investment opportunity with strong income, quality tenancy, and future development potential.

This three-story, fully renovated commercial building with a full stand-up basement offers over 9,200 SF of rentable space, featuring two retail storefronts and two commercial loft floors. The property benefits from rock-solid construction, modern updates, and an existing elevator shaft — ready for installation of a new elevator if desired.

Zoned M1-4/R7X, the property also includes air rights for an additional 4th and 5th floor, allowing a significant expansion of rentable area and an estimated $168,000 in additional annual rental income.

Tenancy & Income

Storefront A – Locked Out Deli

• Size: 1,500 SF
• Lease Term: 2/2023 – 2/2033 (10 years)
• Rent: $8,755/month | 3% annual increases
• Tenant pays 20% of real estate tax increases over base year

Storefront B – Little Caesars (ADR Ventures)

• Size: 1,500 SF
• Lease Term: 10/2024 – 10/2034 (10 years)
• Rent: $6,500/month | 3% annual increases
• Tenant pays 20% of tax increases over base year

2nd Floor – EPRINE Community Services (Nonprofit Education Organization)

• Size: 3,000 SF
• Lease Term: 12/2023 – 12/2030 (7 years)
• Rent: $7,725/month | 3% annual increases
• Tenant pays 33% of tax increases over base year
• 3rd Floor – FRONT (Vacant)
• 1,000 SF multi-purpose office, 2 rooms + full bath
• Projected Rent: $3,500/month
• 3rd Floor – REAR (Vacant)
• 2,000 SF live/work legal office, 5 bedrooms + 2 baths with kitchen
• Projected Rent: $6,500/month

• ---

• Financials
• Annual Taxes: $71,000
  Insurance: $16,000
  Utilities: $3,000
  Water & Sewer: $1,200
  Professional Fees: $1,500
  Maintenance & Repairs: $5,000
  Total Annual Expenses: $97,700

• Net Operating Income: Projected $298.000

   

TWO STORY MIXED-USE BUILDING FOR SALE
EXCELLENT INVESTMENT/DEVELOPMENT OPPORTUNITY
VACANT
OPPORTUNITY ZONE

Location:
North side of Park Avenue between N Oxford Street and Cumberland Street
Block:
2029
Lot:
53
Lot Size:
19’ x 95’
Building Size:
Lower Level: 19’ x 46’ irr = 892
First Floor: 19’ x 46’ irr = 892
Stories:
Second Floor: 19’ x 46’ irr = 892
Two (2)
Gross Square Feet:
2,676 (Approximately)
Zoning: (FAR)
Total Buildable Square Feet:
R6: (2.43) Height Limit 60’
4,561
Total Available Air Rights:
1,885
Assessment:
Real Estate Taxes:
$204,390 (23/24)
$21,649.00
Description:
A 19’ wide one-unit, two story mixed-use building. The building is occupied by Park Avenue Funeral Home. They use the lower level, which has the lounge, two half bathrooms and access to the backyard. The first floor has the front office, to the back is the chapel. There is also storage space at the back of the chapel. The second floor is a one-bedroom floor-through apartment. The unit has a front bedroom, middle dining room, back living room a full kitchen and bathroom.
The property has been well kept and is in good condition. The funeral home has nice brick façade, also the lounge expose brick on the inside. The chapel has beautifully carpeting, with 12’ ceilings. The one-bedroom apartment has nice wood floors, a skylight in the kitchen and get good sunlight.
The property is a nice investment opportunity, an investor can rent out the second floor and rent the lower level and first floor to a retail store or community facility.
The building is also a good development opportunity, a developer can add another two floors and convert the building into a mixed-use four family.
The property is located close to the Brooklyn Navy Yard, DUMBO and trains G, 2, 3, N, R, and W is within walking distance. Downtown Brooklyn is nearby which has the Barclay Center and brand restaurants and retail stores.
Income:
Unit Description Unit Type Projected Lse
1st Fl & Funeral Commercial $6,250 Owner
Lower Level:
2nd Fl: 1 1 Bd Apt Free Market $2,500 Owner
Projected Monthly Income: $8,750
Projected Annual Income: $105,000
Expenses:
Real Estate Taxes:
$21,649.00
Water & Sewer:
$3,200.00
Insurance:
$3,400.00
Heat (Gas):
$3,200.00
Electric: (common areas)
$1,200.00
Repairs & Maintenance:
Total Annual Expenses
$2,800.00
$35,449.00
Net Operating Income: $69,551
ASKING PRICE: $3,200,000
For Further Information or Inspection, Please Contact Sales Agent:
Kervin Vales (212) 396-8244

This is a 2200sqft commercial building, M1-4-zoning, Light Industrial Zoning

The M1 district is often a buffer between M2 or M3 districts and adjacent residential or commercial districts. Light industries typically found in M1 areas include woodworking shops, auto storage and repair shops, and wholesale service and storage facilities. In theory, nearly all industrial uses can locate in M1 areas if they meet the more stringent M1 performance standards. Offices, hotels and most retail uses are also permitted. Certain community facilities, such as hospitals, are allowed in M1 districts only by special permit, but houses of worship are allowed as-of-right.

Bar, restaurant, café space for rent in prime Carroll Gardens, at 329 Smith St. Electrical appliances only, no gas. No brokers fee, a free build out period, and tenant improvements included! There is also a spacious, unfinished basement for prep work and storage, a large backyard for outdoor seating, and an ADA accessible bathroom. 

Discover an exceptional opportunity at 150 Lynhurst Avenue, Staten Island, NY. This 21,689 SF industrial gem is primed for your business ventures, priced at $6,000,000. Zoned M3-1 and boasting additional air rights of 24,659 SF, envision the potential for your enterprise or future developments. Situated perfectly within Staten Island's burgeoning industrial landscape, this property aligns with the borough's industrial renaissance. Benefit from easy access to the Staten Island subway, Ferry Terminal, I-278, and the Verrazano Bridge. Join esteemed companies like Amazon in this thriving industrial hub. Featuring a K1 building class with commercial flexibility and 11’-20’ ceiling heights, this property is equipped for success. Notable amenities include 1,800 Amps 3-phase power, fully sprinklered fire safety, and gas service. With 4 drive-in doors and prime access to major highways and key locations, 150 Lynhurst Avenue presents a rare opportunity for savvy investors and ambitious businesses alike.

Investment Highlights

Zoning: M3-1

Frontage: Approximately 175 Ft (Lynhurst Avenue)

Lot Size: 23,174 SF Approximate Per Survey

Building Size: 21,689 SF Approximate Per Survey

Rear/Side Yard: 2,815 Approximate Per Survey

Commercial FAR: 2.0

Buildable Air Rights: 24,659 SF Approximate

Ceiling Heights: 11’—20’

Heavy Power: 1,800 Amps 3 phase

Loading: 4 Drive in Doors (1 off street in rear/3 on street)

Fire Safety: Fully Sprinklered

Heat: Gas Service in Place

RE Taxes: Taxes: $65,147 (2024/2025)

Valuation Calculator

This is an auction flip, the buyer will get a clean title.

This is a commercial building, and the Tenant pays 5600, + taxes and insurance.

Building size -25x45

lot size -25x50

C4-3

Taxes - 13,841

Please call at 845.281.9487 

A 36’ wide 13 unit five story elevatored commercial building. The
property is leased as a medical center to different medical tenants.
The clinics have their own exam rooms and medical office space.
The property has a usable basement and mezzanine which is rented.
The property is a great investment opportunity, being fully rented
the tenants are paying market rent with increases. They are
responsible for their own utilities. The investor can also rent it out to
different community facility tenants, like a school, senior center or
health club.
Total Annual Expenses: $177,824.50
Net Operating Income: $509,059.1
CAP RATE: 4.0%

 2,632 square feet floor through commercial condo, which has two private half bathrooms and a balcony at the back. The unit is wide and open with 13’ ceilings and floor to ceiling windows, which gives it great sunlight. Private elevator access to the space, two stair cases which gives the new owner the opportunity to divide the unit. New HVAC system, new sprinkler system, new electrical system, steel beams and concrete floors. Roof terrace access, low tax and low common charges. Please note this is a new ground up building. The property is being delivered in “as is” condition, a user can purchase the unit and put a doctor’s office, an attorney or real estate office. This will be a door attendant building with retail on the ground floor and offices above. The units are in a newly built eight story commercial building. The unit is in an area that is close to all modes of transportation, the D, B, F and J trains. High traffic and many retail stores.
25’ x 124’ (unit size 25’ x 106’)
 

Sub-Basement: 25’ x 60’ = 1,500 sq. ft.
Basement:25’ x 100’ = 2,500 sq. ft.
Ground Floor: 25’ x 95’ = 2,375 sq. ft.
2nd Floor: 25’ x 95’ = 2,375 sq. ft.
3rd Floor: 25’ x 80’ = 2,000 sq. ft. with 375 sq ft outdoor space
4th Floor: 25’ x 80’ = 2,000 sq. ft.
.5TH Floor: 25’ x 80’ = 2,000 sq. ft
A 25’ wide four-unit five-story mixed-use elevatored loft building.
The property has a store on the ground floor and four floor-through units above. They are all floor-through commercial loft apartments with elevator key access per floor. The property is sprinklered throughout and has a HVAC system except for the fourth floor. The units are individually metered for electric and no gas, with the electric meters in the basements. The stoves are electric; The property is in good condition and well kept.