5,000 sqft

$2,880,000

1254 Southern Boulevard, Bronx NY, 10459

Price per sqft$576.00

Built in1924

Property size5,000 sqft

Property typeCommercial

Courtesy of B Square Realty, Wenting Wang Listing Contact: 917-547-4288

Overview

Active

Listed Feb 5, 2026

Updated Aug 21

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.

Additional information

MLS^® ID: 959124

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.11 Acres

Other Property Details

Taxes: $40,264
Tax Frequency: Annually

Listings courtesy of OneKey MLS as distributed by MLS GRID

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