720 Clarence Avenue B Bronx, NY $ 2,350,000
720 Clarence Avenue B
$ 2,350,000
Share Save

720 Clarence Avenue B

Bronx, NY, 10465
$ 2,350,000
Baths0.0 Sq 16,300

Monthly Estimate*

$ 16,415

720 Clarence Avenue B, Bronx, NY 10465 - Image 1
720 Clarence Avenue B, Bronx, NY 10465 - Image 2
720 Clarence Avenue B, Bronx, NY 10465 - Image 3
720 Clarence Avenue B, Bronx, NY 10465 - Image 4
720 Clarence Avenue B, Bronx, NY 10465 - Image 5
720 Clarence Avenue B, Bronx, NY 10465 - Image 6
720 Clarence Avenue B, Bronx, NY 10465 - Image 7
720 Clarence Avenue B, Bronx, NY 10465 - Image 8
720 Clarence Avenue B, Bronx, NY 10465 - Image 9
720 Clarence Avenue B, Bronx, NY 10465 - Image 10
720 Clarence Avenue B, Bronx, NY 10465 - Image 11
720 Clarence Avenue B, Bronx, NY 10465 - Image 12
720 Clarence Avenue B, Bronx, NY 10465 - Image 13
720 Clarence Avenue B, Bronx, NY 10465 - Image 14
720 Clarence Avenue B, Bronx, NY 10465 - Image 15
720 Clarence Avenue B, Bronx, NY 10465 - Image 16
720 Clarence Avenue B, Bronx, NY 10465 - Image 17
720 Clarence Avenue B, Bronx, NY 10465 - Image 18
720 Clarence Avenue B, Bronx, NY 10465 - Image 19
720 Clarence Avenue B, Bronx, NY 10465 - Image 20
720 Clarence Avenue B, Bronx, NY 10465 - Image 21
720 Clarence Avenue B, Bronx, NY 10465 - Image 22
720 Clarence Avenue B, Bronx, NY 10465 - Image 23
720 Clarence Avenue B, Bronx, NY 10465 - Image 24
720 Clarence Avenue B, Bronx, NY 10465 - Image 25
720 Clarence Avenue B, Bronx, NY 10465 - Image 26
720 Clarence Avenue B, Bronx, NY 10465 - Image 27
720 Clarence Avenue B, Bronx, NY 10465 - Image 28
720 Clarence Avenue B, Bronx, NY 10465 - Image 29
720 Clarence Avenue B, Bronx, NY 10465 - Image 30
720 Clarence Avenue B, Bronx, NY 10465 - Image 31
720 Clarence Avenue B, Bronx, NY 10465 - Image 32
720 Clarence Avenue B, Bronx, NY 10465 - Image 33
Studio

Commercial Property for sale in Bronx, NY

for $2,350,000. This 16,300 square foot building was built in 1920 on a lot size of 0.37.

Calling All Investors, Developers, & End-Users!!! Unique 2 Unit Bayfront Mixed-Use Property In Throgs Neck For Sale!!! The Property Features Excellent Signage, Great Exposure, Strong C3A Zoning, 16 Parking Spaces, High 8' Ceilings, Separate Meters, Low Property Taxes, 6 Lots (27, 28, 29, 30, Part Of 60 + 62), 2 Car Garage, Huge Yard, Full Metal Pier, Massive Private Beach, Private 250' Boat Dock, Jacuzzi, In Ground Saltwater Pool, Seaplane Ramp, Separate Entrances, Gated Lot, 200 Amp Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Throgs Neck On A HUGE 16,300 Sqft. Lot Just A Few Blocks From I-695/I-295. This Property Also Has Reparian Water Rights (120 x 250)Neighbors Include Starbucks, UPS, The Home Depot, Target, Dunkin', Walgreens, CVS, Planet Fitness, Five Guys, T.J. Maxx, The Bronx Zoo, Mobil, Sunoco, Taco Bell, McDonald's +++!!! The Entire Property Can Be Delivered Vacant. This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: 3 Br. Main House (1,200 Sqft.): $120,000 Ann. (Available) 3rd Floor 2 Br. Apt. (900 Sqft.): $48,000 Ann. (Available) 1st. Floor 2 br. Apt. (1,100 Sqft.): $50,400 Ann. (Available) Rear Unit (600 Sqft.): $26,400 Ann. (Available) Garage 1: $36,000 Ann. (Available) Garage 2: $36,000 Ann. (Available) Boat Slip Rental: $31,250 Ann. (Available) Pro Forma Gross Income: $348,050 Ann. Expenses: Insurance: $5,800 Ann. Taxes: $15,050 Ann. Total Expenses: $20,850 Ann. Net Operating Income (NOI): $327,200 Ann. (Pro Forma 13.92% Cap!!!)

See more

Commercial Active

Price

$ 2,350,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 14,007

Style

Lot Size

0.37

Year Built

1920

Town/City

Bronx

County/Region

Bronx

MLS | Web ID

3520976

List By
Richard Matt Shane

Listing Agent

All Island Estates Realty Corp

Broker

matthewshane8828@gmail.com

Email

Affordability Calculator

$17,583
Per Month
93%
7%
0%
Monthly Principal & Interest
$16,415
Monthly Property Taxes
$1,167
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/13/2023$2,350,000 Listed Price

Map


See all

720 Clarence Avenue B, Bronx, NY, 10465 is a Commercial Property for sale at $2,350,000 with 16,300 sqft and a lot size of 0.37. 720 Clarence Avenue B is a studio with 0.0 baths and was built in 1920. The property's zip code is 10465 which is in Bronx, NY