MLS#959124
STATUSActive
PROPERTY TYPECommercial - Retail
Property Description
1254 Southern Blvd presents a rare opportunity to acquire a high-visibility, corner free-standing retail property in the Bronx. The 5,000 SF single-story masonry building, situated on a 5,000 SF lot, is fully leased to a long-term, single-tenant laundromat under a new 15-year lease commencing April 2024.The property benefits from excellent exposure beneath an elevated subway line, strong pedestrian traffic, and a dense residential and commercial trade area, making it a core neighborhood retail asset with stable demand.Zoned R7-1 / C1-4, the asset offers long-term investment stability with potential future upside, and is well-suited for investors seeking predictable cash flow with minimal management.Offered at a 4.1% cap rate.
Property Features
Property Type: Commercial - Retail
Cooling: Electric
Heating: Electric
Lot Size: 0.11 Acres
Taxes: $40,263
Year Built: 1924
Feature Descriptions
Building Area Total: 5000
Business Type: Laundromat
Days on Site: 54
Exterior: Brick
On Market Date: 2026-02-05
Parcel Number: 02979-0020
Rental Term: Monthly
Sewer: Public Sewer
Utilities: Electricity Connected
Water: Public
Listed By / Shown By
Listing By
Agency Name: B Square Realty
Agency Contact: 917-547-4288
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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1254 Southern Boulevard | MLS# 959124
This commercial property located at 1254 Southern Boulevard , Bronx, NY 10459 is currently listed for sale with an asking price of $2,880,000. Search Bronx real estate on www.coldwellbankerchoice.com today.