169th St 638 E 638 East 169 Street, Bronx, NY 10456 ASKING PRICE: $12, 000, 000** **Annual Gross Income:** ~$765, 841 **Lot Size:** 14, 700 SF **Existing Building:** 15, 582 SF **Units:** 14 Commercial Units **Frontage:** 205+ FT **Potential Buildable:** Up to ~70, 000 SF* ### Quick Underwrite **Price / Existing SF:** ~$770/SF **Price / Buildable SF:** ~$171/SF **Gross Yield:** ~6.4% The approximately 14, 700 SF lot offers up to a 4.8 FAR, providing potential for approximately 70, 560 buildable square feet, subject to permitted use, zoning, architectural review, and approvals. Prime **corner location in the heart of the Bronx** within a rapidly changing neighborhood. The property offers strong visibility, substantial frontage, existing income, and significant future development potential.**Major potential to upgrade the tenant mix and increase rental income as existing leases expire, creating significant long-term value-add opportunity.** , including activity adjacent to the nearby supermarket, adding to the long-term upside of the location. **$12M Asking | ~$766K Gross Income | 14 Units | Corner Location | 14, 700 SF Lot | Up to ~70, 000 Buildable SF** **Strong investor/developer opportunity - expected to move quickly. Submit offers.** *Buildable square footage, zoning, income and permitted uses subject to independent verification.*