For Rent

597 East 138th Street Bronx, NY 10454

597 East 138th Street, Bronx, NY, 10454
597 East 138th Street, Bronx, NY, 10454 597 East 138th Street, Bronx, NY, 10454 597 East 138th Street, Bronx, NY, 10454 597 East 138th Street, Bronx, NY, 10454 597 East 138th Street, Bronx, NY, 10454
FOR LEASE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Last Verified:
Nov 23, 2023

Highlights

  • Heavy Foot Traffic
  • Retail Shopping Area
  • Triple-Net Lease

Description

Former Electronic Store available for immediate occupancy...landlord is considering all uses

South Bronx Retail Shopping Area. Nearby Trains: 4 & 6. Nearby Buses: Bx17 & Bx33


Year Built: 1920
Building Size: 32034sq ft
Lot Size: 0.18 acres

Units for Lease

597 E 138th St
Space Available: 851 SF
Lease Type: NNN

Price Per Sqft/Month: $42.50

Map of 597 East 138th Street, Bronx, NY, 10454

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.