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51 Bruckner Blvd

South Bronx, Bronx, NY
Floors
4
Zoning
M1-2 / R6-A

About 51 Bruckner Blvd

The mixed-use building at 51 Bruckner Boulevard will appeal to New York entrepreneurs no longer keen to rent office space or a storefront but to invest in their future and purchase an income generating property.

New York’s West Bronx is ideal for investors and 51 Bruckner Boulevard enjoys excellent transport links, being so close to the Major Deegan Expressway. The property is located directly off Willis Avenue Bridge and offers commuters easy access to #4 and #6 subway lines.

The Laundromat business on the ground floor provides occupiers with an income of $18,000 per month. This part of 51 Bruckner Boulevard’s 4-story building still has 8 years left on the lease, which is renewable with a monthly rent of $3,300. The remainder of this property is taken up by 4 residential units which are never empty for long in New York’s fast-moving residential market.

The Laundromat premises boast a rear patio and a storage area at the back, together with 10 dryer and 19 washer machines in the retail area.

The red brick building at 51 Bruckner Boulevard in New York boasts an attractive green storefront with awning identity. The facade is in good condition and makes a welcoming impression.

Internet Providers for 51 Bruckner Blvd

Provider Technology Max Download Speed Max Upload Speed
Cablevision/Optimum Cable
1 Gb/s
25 Mb/s
Verizon New York Fiber
1 Gb/s
25 Mb/s
MegaPath DSL
25 Mb/s
1.5 Mb/s

The Neighborhood: South Bronx

On average, listings lease in the $30's per square foot per year. The South Bronx region is going through a a boost in rates. In the last 3 months, the median rate went up $11 per sqft per year. That's a 43% rise in rent.

Compared to the rest of the New York City market, the South Bronx submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

Median Rate Median Size
South Bronx $38
/sqft/yr
1,940
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,330
sqft

Median Rate over Time in South Bronx