368 Pawnbrokers (368 Pawn Shop)

368 Pawnbroker Inc. is an independent, single-location pawn shop operating out of 368 East 149th Street in the South Bronx, New York. The business operates as a licensed pawnbroker under New York City's regulatory framework—a legal requirement for all NYC pawn operations—and functions entirely as a walk-in, cash-based establishment. No founding date is publicly recorded, though active listings on Yelp (updated February 2026) and other directories confirm the business is currently operational. The shop has no franchise affiliation and no connection to CDFI, HUD-approved, or NFCC-certified financial counseling networks, which are designations reserved for non-profit credit organizations rather than collateral lenders.

The core service is collateral-based pawn lending: customers bring in jewelry, gold, diamonds, or fine watches and receive a short-term cash loan using those items as collateral. Customers may also sell items outright rather than borrowing against them. On the retail side, 368 Pawnbrokers sells pre-owned and estate jewelry including rings, bracelets, necklaces, chains, earrings, charms, bangles, and designer pieces. Additional in-store services include jewelry cleaning (available for a small fee) and watch battery replacement. Loan rates and specific payout amounts are not published online; New York State regulates pawnbroker interest rates, and actual terms must be negotiated directly in the shop. The business is open Monday through Saturday, 9:00 AM to 6:00 PM, and is closed Sundays.

What sets 368 Pawnbrokers apart from typical pawn operations is a remarkably strong customer reputation. The shop holds a 5.0-star Google rating across more than 600 reviews—an exceptional score for any business, let alone one in a category that routinely draws skepticism. Customer feedback consistently highlights above-market offers for jewelry and gold relative to nearby competitors, aligning with the shop's own marketing claims of "top payout" and "low rates." The volume and uniformity of positive reviews suggest a genuine pattern of customer satisfaction rather than isolated incidents.

For the right customer, 368 Pawnbrokers represents a trustworthy local option for fast collateral-based cash or for selling valuables without navigating online platforms. The near-perfect review record is a meaningful signal. However, the shop has no website, no online portal, and no published rate sheet—there is no way to get a quote or compare terms without physically visiting the location. No BBB profile was found, removing one common avenue for third-party complaint tracking. Closed Sundays and a single South Bronx location limit accessibility. As with any pawn transaction, borrowers should be clear that failure to repay the loan by the agreed deadline results in permanent forfeiture of the collateral item.