For Sale: Prime Mixed-Use Corner Property in Mott Haven

386 East 139th Street, Bronx, NY, 10454
$1,900,000

$1,799,999

Description

ERG Commercial Real Estate is pleased to present the exclusive sale of 386 E 139th Street, also known as 249 Willis Avenue, a prime corner property located in the heart of Mott Haven, one of the Bronx’s most rapidly transforming neighborhoods. It’s a five-story walk-up building consisting of 18 apartments and 1 retail unit.

The property sits on a 2,500 SF lot and totals 11,550 SF. It benefits from excellent transit access, multiple bus routes, and immediate connectivity to the Major Deegan Expressway (I-87), the Bruckner Expressway (I-278), and the Willis Avenue Bridge into Manhattan. Surrounded by national retailers such as Target, Home Depot, Costco, and Starbucks, the property has strong foot traffic and consumer demand.

The area’s growth is further supported by nearby schools including P.S. 18 John Peter Zenger Elementary, Mott Haven Academy Charter School, and Hostos Community College. In addition, the neighborhood has attracted large-scale residential developments such as Bankside by Brookfield, The Arches, and other new luxury rental projects, underscoring Mott Haven’s evolution into a vibrant residential and commercial hub.

Property Documents

Detail

  • Price: $1,900,000

    $1,799,999

  • Building Size: 11550 Sq Ft
  • Lot Size: 2500 Sq Ft
  • Year Built: 1905
  • Property Type: Mixed Use
  • Property Status: For Sale
  • Property Tax Amount: $47,803
  • Block: 2301
  • Lot: 23
  • Zoning: R6, C1-4
  • Property Stories: 5
  • Residential Units: 18
  • Commercial Units: 1
  • Annual Income: $350,939.10
  • Total Expenses: $151,939
  • NOI: $199,000.10
  • Address: 386 East 139th Street
  • City: Bronx
  • Zip/Postal Code: 10454
  • Country: United States

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All information furnished here is deemed reliable, however it is submitted subject to errors, omissions, change of terms and conditions, prior sale or withdrawal without notice. We do not represent or guarantee the accuracy of any information contained herein and we are not liable for any reliance there on. Thus any prospective purchaser should independently verify all items deemed relevance to its due diligence enquiry with respect to the property, notwithstanding that the sender believes information be true and/or reasonable.