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500 City Island Avenue,
Bronx, NY 10464
For Sale
Overview
Bankruptcy Sale
500 City Island Avenue,
Bronx, NY 10464
1
6,796 SFDescription
Corner retail building with onsite parking and featuring 268’ of frontage
Property Snapshot
• HIGH-VISIBILITY CORNER LOCATION – Exceptional 176’ of frontage on City Island Avenue and 92’ on Beach Street, ensuring maximum exposure on the island’s main commercial corridor.
• TURNKEY RESTAURANT INFRASTRUCTURE – Previously operated as a Japanese restaurant, this property remains fully vented and outfitted with all kitchen & restaurant equipment, offering a seamless transition for food operators.
• MULTIPLE COMMERCIAL POSSIBILITIES – Perfect for a restaurant, café, retail store, event space, boutique shop, art gallery, or mixed-use redevelopment, offering flexibility and long-term investment potential.
• SIZE & SITE ADVANTAGES – 6,796 SF of building area on a 16,625 SF lot, featuring on-site private parking, a rare and valuable asset on City Island.
• HIGH FOOT & VEHICLE TRAFFIC – City Island Avenue is the busiest thoroughfare in the area, drawing locals, tourists, and boaters year-round.
• THRIVING DINING & RETAIL SCENE – Positioned among renowned restaurants such as City Island Lobster House, Sammy’s Fish Box, Artie’s Steak & Seafood, and The Black Whale, as well as boutique shops and art galleries, ensuring a built-in customer base.
• STRONG DEMOGRAPHICS & AFFLUENT CUSTOMER BASE – 38% of City Island’s residents earn over $150,000 annually, making it an ideal location for premium dining, retail, or service businesses.
• CLOSE PROXIMITY TO KEY ATTRACTIONS – Minutes from City Island Marina, yacht clubs, boat rentals, and waterfront parks, drawing visitors from across NYC and Westchester.
Auction Details
Auction Date: Thursday, July 10th, 2025 at 2:30 PM
Opening Bid: $1,250,000
Documents 
Tax Map
Zoning Map
Description
Corner retail building with onsite parking and featuring 268’ of frontage
Property Id : 48869
Property Size: 6 ft2
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