111 Kraft Avenue

is a freestanding mixed-use property located at 111 Kraft Avenue, Bronxville, New York, 10708. This property is situated in the heart of the affluent community of Bronxville, reflecting the upscale lifestyle needs of its surrounding neighborhoods.

Market Overview:
The property is part of a vibrant commercial district that caters to the diverse needs of its residents. With a total square footage of 8,787 square feet, 111 Kraft Avenue offers a unique blend of retail and commercial spaces. The property is currently home to M&T Bank, which occupies a significant portion of the space with 6,509 square feet.

Demographics:
The area surrounding 111 Kraft Avenue is characterized by a high population density. Within a 1-mile radius, the population is approximately 26,275, while within a 3-mile radius, it reaches 266,155. The daytime population in the same areas is 22,345 and 213,925, respectively. The average household income in the 1-mile radius is $186,488, and in the 3-mile radius, it is $136,823. The average home value in the 1-mile radius is $879,323, and in the 3-mile radius, it is $687,584[1].

Community Engagement:
111 Kraft Avenue is deeply integrated into the local community. Its retailers and cultural offerings reflect the lifestyle needs of the neighborhoods that surround it. The property's mixed-use nature ensures that it serves both local residents and visitors, providing a comprehensive range of services and amenities.

Historical Context:
The property was constructed in 1940 and has undergone significant renovations, earning a rating of 89 from the Green Building Information Gateway in 2009. The Bank of New York Mellon owns and manages the property, ensuring that it remains a valuable asset to the community[5].

Convenience and Accessibility:
For residents and visitors, 111 Kraft Avenue offers convenient banking services through M&T Bank, which operates 24/7 ATMs. The property's strategic location makes it easily accessible by car or on foot, making it a hub for both personal and business activities in the area.

Overall, 111 Kraft Avenue is a dynamic and integral part of the Bronxville community, offering a unique blend of retail, commercial, and cultural experiences that cater to the diverse needs of its residents.