Courtesy of: Wenting Wang, B Square Realty, bellaaa0520@gmail.com
Courtesy of: Wenting Wang, B Square Realty, bellaaa0520@gmail.com
$2,880,000
|
Lot: 0.11 Acres
|
|
Retail
|
$2,880,000
1254 Southern Boulevard 1254 Southern Blvd presents a rare opportunity to acquire a high-visibility, corner free-standing retail property in the Bronx. The 5, 000 SF single-story masonry building, situated on a 5, 000 SF lot, is fully leased to a long-term, single-tenant laundromat under a new 15-year lease commencing April 2024. The property benefits from excellent exposure beneath an elevated subway line, strong pedestrian traffic, and a dense residential and commercial trade area, making it a core neighborhood retail asset with stable demand. Zoned R7-1 / C1-4, the asset offers long-term investment stability with potential future upside, and is well-suited for investors seeking predictable cash flow with minimal management. Offered at a 4.1% cap rate.
Courtesy of: Wenting Wang, B Square Realty, bellaaa0520@gmail.com
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.