58 E. 161st St., Unit: Building, Bronx, NY-Building Marketing Picture 58 E. 161st St., Unit: Building, Bronx, NY-Building Marketing Picture 
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Victor Kom
Name: Victor Kom
Phone: (646)381-3815 Broker
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58 E. 161st St.

Bronx, NY 10451-2207

Building Information Building Type: Retail

Description

58 E 161st St // 850 River Avenue
Bronx, NY 10452


Just one block from Yankee Stadium!

In 1936, this building opened opposite the old Yankee Stadium as the Earl Theatre which housed 1,267 seats servicing a single-screen. The original Art-Deco spire and marquee still accentuates the entrance on East 161st Street. This conjoined property occupies over 27,500 square feet of space and is located within one block of new Yankee Stadium.

The building is currently home to Billy’s Sports Bar and Restaurant - the bar and restaurant’s interior has recently undergone major remodeling, creating more space to better accommodate the large crowds that gather inside for Yankee post-game celebrations. The actual theatre area of the building is also currently undergoing major reconstruction. With entrances facing both East 161st Street and River Avenue, this establishment has easy accessibility and double the exposure.

East 161st Street is a major 1.6 mile south Bronx thoroughfare lined with a large collection of attractions and highly-frequented, well-known businesses. Among these are Chase and Apple Bank, both located within 300 feet and adjacent to 58 E 161st Street. The Babe Ruth Plaza, Yankee stadium, McDonalds, Burger King and Subway are all located on E 161st street, across from the property and within one block.

Walking distance from 58 E 161st Street is the Bronx’s ‘Concourse Village.’ Approximately three blocks east on East 161st Street are many of the Bronx’s city, state, and federal buildings, law offices, and civil service centers, as well as the Albert Einstein College of Medicine and the Montefiore Medical Center. Concourse Village also has a retail plaza (Concourse Plaza) and a movie theater (Concourse Plaza Multiplex). Retailers in the plaza include Foot Locker, Radio Shack, GNC, Payless, Petland Discounts, and CVS.

In addition, the recently erected Gateway Center, which is just south of the property on River Avenue, draws not only the New York City populace, but visitors from all around the globe to the Bronx’s East 161st Street. Yankee-clad taverns, sports outfitter, memorabilia and souvenir shops, cafes/diners, banks, and pizza shops decorate East 161st Street serving Bronx Community 4 residents, a variety of shoppers, and millions of baseball patrons year round.

The Community
Community District #4, the Capital District, is made up of the following Bronx neighborhoods: Mt. Eden, Highbridge, West Concourse, East Concourse, and Concourse Village. The neighborhoods encompass East 149th Street on the South, East 174th Street on the North, The Harlem River on the West, and Webster to Park Avenue on the East.

Within the community’s borders is Yankee Stadium, The Terminal Market Gateway Center (Gateway Plaza), the Borough's Court System, Bronx Museum of the Arts, and a variety of Art Deco buildings along the Grand Concourse Historic District.

Community Demographics:

1-mile
●76% of the population is under 44 years old
●Approximately 3,200 homeowners
●Total consumer population of 242,937

5-miles
●67% of the population is under 44 years old
●Approximately 200,000 homeowners
●Total consumer population of 2,329,344

Accessibility
For commuters arriving via I-87 or any of the Bronx thoroughfares (Jerome Avenue, Grand Concourse, or East 161st Street) street parking is available on 161st Street, River Road, and nearby public parking garages. The Metropolitan Transportation Authority bus stop routes for BX06 and BX13 and the “Yankee Stadium” subway stop is less than a block away (at E. 161th Street and River Road): according to the city census, 65% of community residents use the subway.

Gateway Plaza
Two-and-a-half blocks southwest down River Road is home to a 1 million square foot multi-level regional shopping center – Gateway Plaza. Retailers in this emporium include: Home Depot, Target, Bed, Bath & Beyond, BJ’s Wholesale Club, Best Buy, Toys “R” Us, Staples, Applebee’s, Raymour & Flanigan Furniture, Marshall’s, as well as Youngworld, Michael’s Arts & Crafts, and Conway. Gateway Plaza provides more than 1,100 local Bronx residents with employment.

In 2010, the stadium recorded a season total attendance of 3.7 million, with an average of 46,500 a game. Yankee stadium ranks #1 for ballpark attendance, according to the 2010 MLB Attendance Report. For many reasons, 161st Street is quickly becoming one of the most visited streets in New York.

For leasing availability, check the “Spaces for Rent” tab located in the upper left of this page. For general leasing inquiries, contact Cheuky Pun.
Available Spaces
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