Contacts
Kassin Sabbagh Realty
Kassin Sabbagh Realty
Kassin Sabbagh Realty
Property Details
- Property Type Retail
- Property Size 3,900 SF
- Lot Size 0.11 Acre
- Year Built 1925
- Date Updated Aug 29, 2025
Kassin Sabbagh Realty (KSR) is proud to represent 2897 3rd Ave in the Bronx’s 10455 ZIP lies in the heart of Melrose/Mott Haven—an older, two-story brick commercial building constructed in 1925. Spanning approximately 4,000 square feet, the property is a multi-story retail building featuring two ground-level storefronts. It is situated in a densely populated and highly walkable neighborhood of the Bronx, benefiting from vibrant foot traffic along 3rd Avenue.
The locale is undergoing revitalization, with a blend of small retail, phone and electronics shops, bodegas, and community services, well served by subway and bus lines. Its combination of historic character, strong visibility, and neighborhood density makes it attractive for retail or mixed use investment.
• Value-Add Upside: Rent optimization, securing long-term leases, or partial conversion (if zoning permits) could significantly boost returns
• Classified under “Storebuilding” with zoning C4-4 —typically retail or mixed-use permitted -Current Use: Occupied by at least two commercial tenants (e.g. Boost Mobile, O Fresh)
• Located in the Bonx’s busy “Hub” at around 3rd Ave, the property offers strong retail exposure with heavy foot traffic and nearby subway and bus access
• Neighborhood Momentum: Melrose and the “Hub” area show revitalization, retail expansion, and rising foot traffic—adding support to long-term value.Presence of recognized chains (Boost Mobile, local eateries) indicates stable daytime demand. Diversifying tenant mix could further increase resilience.
Reach out to the broker for more info on lease terms and amenities
Getting around
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96/100
Walk Score ®
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100/100
Transit Score ®
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77/100
Bike Score ®
Location
- City Bronx, NY
- Neighborhood Melrose
- Zip Code 10455
- Market Bronx
Points of Interest
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3rd Avenue–149th Street
0.09 miles
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American Base No.1
0.34 miles
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3rd Avenue–138th Street
0.67 miles
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138th Street–Grand Concourse
0.75 miles
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East 143rd Street–Saint Mary’s Street
0.76 miles
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161st Street–Yankee Stadium
0.90 miles
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Yankees–East 153rd Street
0.93 miles
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Lenox Avenue & 145th Street at Northeast Corner
1.04 miles
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Lenox Avenue & 145th Street at Southeast Corner
1.05 miles
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Lenox Avenue & 145th Street at Northwest Corner
1.06 miles
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Mobil
0.58 miles
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BP
0.62 miles
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Citgo
0.86 miles
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Shell
1.30 miles
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plugNYC
3.20 miles
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ChargePoint
3.32 miles
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FLO
3.76 miles
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Tesla Supercharger
4.18 miles
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Concourse Plaza Garage
0.61 miles
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153rd Street South Lot
0.72 miles
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153rd Street North Lot
0.73 miles
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153rd Street Lot
0.81 miles
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153rd Street Garage
0.85 miles
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River Avenue Garage
0.95 miles
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Harlem River South Lot
0.97 miles
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Commuter Parking
0.98 miles
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Harlem River Lot
1.00 miles
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Rupert Plaza Garage
1.01 miles
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Boston Market
0.11 miles
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Dunkin'
0.12 miles
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Popeyes
0.16 miles
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Burger King
0.17 miles
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Landín Macaroni & Cheese
0.21 miles
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Texas Chicken & Burgers
0.46 miles
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John Pizza
0.49 miles
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La Morada
0.52 miles
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Zona de Cuba
0.54 miles
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The Original Venice Restaurant
0.56 miles
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Fine Fare
0.15 miles
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ALDI
0.25 miles
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Key Food
0.28 miles
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Food Bazaar
0.60 miles
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Western Beef
0.62 miles
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Pioneer
0.63 miles
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Real
0.74 miles
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Bronx Terminal Market
0.77 miles
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C-Town
0.78 miles
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Target
0.85 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
