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$2,880,000
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Property Description
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.
Full Property Details
Full Property Details for 1254 Southern Blvd
General
- Price: $2,880,000
- Taxes: $40,263
- Status: Active
- Type: Retail
- Source: Long_Island
- MLS ID: 959124
- Updated: 2/5/2026
- Added to Site: 58 day(s) ago
Business
- Business Type: Laundromat
Location
- County: Bronx County
Heating & Cooling
- Cooling Type: Electric
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Building Size: 5000
- Square Feet: 5,000
- Year Built: 1924
Lot Features
- Lot Size (Acres): 0.1148
- Lot Size (Sq. Ft.): 5,000
- Zoning: R7-1
Financial Considerations
- Tax Amount: $40,263.88
Disclosures and Reports
- Special Conditions: None
- Property ID: 02979-0020
Listed by B Square Realty and E Realty International Corp
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Schools
Schools serving 1254 Southern Blvd
School District:New York City Geographic School District 12
| Name | Grades | Distance |
|---|---|---|
Ps 134 George F Bristow 1330 Bristow St, The Bronx, NY 10459 | K-5 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1254 Southern Blvd
Date
Details
Price
Change
Source
2/05/2026
Listed
$2,880,000
44%
MLS
6/20/2017
Sold
$2,000,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1254 Southern Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$40,264
2%
$374,130
—
2024
$39,494
2%
$372,870
2%
2023
$38,827
7%
$366,570
8%
2022
$36,122
—
$339,300
1%
2021
$35,948
-7%
$336,150
-15%
2020
$38,692
5%
$396,000
7%
2019
$36,715
6%
$371,250
13%
2018
$34,633
9%
$329,400
9%
2017
$31,895
9%
$303,355
10%
2016
$29,203
6%
$276,175
7%
2015
$27,530
20%
$258,355
-5%
2014
$22,991
—
$272,250
11%
2013
$22,879
—
$244,625
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1254 Southern Blvd
1254 Southern Boulevard, Bronx, NY 10459 (MLS# 959124) is a Retail property. 1254 Southern Boulevard is currently listed for $2,880,000 and was received on February 05, 2026. Want to learn more about 1254 Southern Boulevard? Do you have questions about finding other Retail real estate for sale in Bronx? You can browse all Bronx real estate or contact a Coldwell Banker agent to request more information.

