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$ 589,000
Est. payment /mo
New
296 City Island AVE Bronx, NY 10464
2,051 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 952565
Rental Info No
Year Built 1920
Annual Tax Amount $15,353
Lot Size 2,051 Sqft
Acres 0.0471
Property Sub-Type Business
Source onekey2
Property Description
Prime commercial opportunity in the heart of City Island, one of the Bronx's most desirable and destination-driven waterfront communities. This versatile commercial space is well suited for an office, restaurant, cafe, or retail use and offers strong long-term upside for both owner-users and investors. The property features large front windows providing excellent street visibility and natural light, exposed brick for added character, and a flexible layout that can be configured to meet a variety of business needs. Previously operated as a restaurant, existing equipment may be included if desired and is being offered as-is. A private rear yard adds additional value and utility, ideal for storage, prep space, or ancillary use. City Island is a proven commercial corridor known for its marinas, seafood restaurants, and consistent weekend and seasonal foot traffic, supported by a strong local customer base and steady tourism. For investors seeking immediate income, the seller is willing to lease back the property at fair market value if desired by the buyer, providing a potential stabilized return from day one. This offering presents a rare opportunity to acquire a flexible, income-capable asset in a high-demand submarket with limited commercial inventory. Ideal for investors, owner-users, or those seeking a value-add opportunity in a vibrant waterfront setting.
Location
State NY
County Bronx County
Interior
Heating Forced Air
Cooling Ductwork
Fireplace No
Exterior
Parking Features On Street
Utilities Available Electricity Available
Building
Lot Description City Lot
Sewer Public Sewer
Water Public
Structure Type Frame
Others
Special Listing Condition None
Listed by Houlihan Lawrence Inc. • Anthony Saraco Jr.
AFFORDABILITY CALCULATOR
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.
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