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3527-3537 Jerome Ave
BRONX, NY 10467
Asking Price
$6.80M
Cap Rate
6.67%
Asset Type
Storefront Retail
Class
Class B
What's Special
PRIME RETAIL BUILDING <ul><li><strong>100% Occupied Retail Asset</strong>: The property is fully leased to seven diverse commercial tenants, including a pharmacy, restaurant, and furniture store, providing immediate stable cash flow.</li></ul><p></p><ul><li><strong>Prime Corner Location</strong>: Situated at the high-traffic intersection of Jerome Ave and W Gun Hill Rd in the Bronx, offering 200 FT of prominent storefront visibility.</li></ul><p></p><ul><li><strong>Substantial Development Potential</strong>: Inclu
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NOI
$80,000
Cap Rate
1.18%
DSCR
0.20
Underwater
Cash-on-Cash
-15.87%
Monthly Payment
$33,642.69
Annual Cash Flow
$-323,712.277
