500 City Island Ave | Lender Owned | REO Sale

Lender Owned | REO Sale

500 City Island Avenue, Bronx, NY

HIGHLIGHTS:

* High-visibility corner location - Exceptional 176' of frontage on City Island Avenue and 92' on Beach Street, ensuring maximum exposure on the islands's main commercial corridor

* Turnkey restaurant infrastructure - Currently vacant, having most recently operated as a Japanese restaurant; the space remains fully vented and outfitted with all kitchen & restaurant equipment, offering a seamless transition for food operators

* Multiple commercial possibilities - Ideal for a restaurant, café, retail store, event space, boutique shop, art gallery, or mixed-use development

* Size and site advantages - 6,796 SF building on a 16,625 SF lot featuring on-site parking - a rare and valuable asset on City Island

* Thriving dining & retail scene - Positioned among renowned restaurants including City Island Lobster House, Sammy's Shrimp Box, Artie's Steak & Seafood, and The Black Whale, as well as boutique shops and art galleries.

* Affluent, built in customer base - 38% of City Island residents earn over $150,000 anually, with an average household income of $151,583 - among the highest in the Bronx

* Year-round destination traffic - Minutes from City Island Marina, multiple yacht clubs, and waterfront parks, drawing visitors from across NYC and Westchester.