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3926 E Tremont Avenue, Bronx, NY, 10465 | $499,999
ATTENTION INVESTORS & DEVELOPERS!!! Seize this rare opportunity to acquire a versatile office property with exceptional development potential in the heart of the highly trafficked Throggs Neck commercial corridor. This single-story dental office, built in 1953, sits on a 2, 500 sq ft lot (25x100) and is ideal for owner-users, investors, or developers seeking a well-located, value-add asset. Property Highlights: * Lot Size: 2, 500 sq ft * Building Size: 836 sq ft (21x37) * Zoning: R4-1 with C2-1 commercial overlay * Existing FAR: 0. 33 * Max Buildable SF (Community Facility): Up to 5, 000 sq ft (2 FAR) * Commercial FAR: 1. 0 / Up to 2, 500 sq ft * Residential FAR: 0. 75–0. 9 / Up to 2, 250 sq ft (with attic allowance) * Taxes: $8, 281. 36 (Tax Class 4) With zoning that allows for residential, commercial, or community facility development, this site offers flexibility for a variety of end uses—including medical office, retail, or a ground-up mixed-use/community facility development. A nearby comparable at 3928 East Tremont Avenue—same lot size and zoning—delivered a 4, 500 sq ft property, showcasing the area's development potential. ?Neighboring businesses include Chase Bank, McDonald's, Walgreens, CVS, 7/11, Dunkin, Five Guys, CityMD, Dominos, Subway, Starbucks, Mobil, Sunoco, Burger King, USPS, Amazon, The Home Depot, Target, and Petco. Development Comps: 3431 East Tremont Avenue • Zoning: R3A • Lot Size: 2, 500 sq ft • Planned Building Size: 2, 500 sq ft (commercial) • Notes: Built to max allowable commercial FAR under R3A zoning 3546 East Tremont Avenue • Zoning: R3A with C2-2 Commercial Overlay • Lot Size: 4, 322 sq ft • Planned Building Size: 3, 528 sq ft (commercial) • Sale Price (2024): $170 per buildable square foot
Features
- Property Type: Office
- Construction: Frame
- Utilities: Natural Gas Connected
- Levels: 1
- Heating: Baseboard, Natural Gas
- Cooling: Wall/Window Unit(s)
- Units: 1
- Year Built: 1953
- Acreage: 0.06
- Est. Taxes: $8,088
- MLS#: 843173
- Days on Market: 35 days
- Website: https://www.raveis.com
/prop/843173/3926etremontavenue_bronx_ny?source=qrflyer
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
3926 E Tremont Avenue, Bronx, NY, 10465
$499,999
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah DeFlorio
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $399,999 | $399,999 | $399,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.007% | 7.063% | 6.132% |
| Monthly Tax Payment | $674 | $674 | $674 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,495 | $2,628 | $3,348 |
| Total Monthly Payment | $3,244 | $3,377 | $4,097 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535