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Bronxville/Yonkers Medical Office Building

1 W Pondfield Rd Bronxville, NY 10708

1 W Pondfield Rd, Bronxville, NY, 10708
$1,995,000
For Sale
Claim this Listing
$1,995,000

15,878 SF medical office building in desirable Westchester submarket.

Property Size15,878 SF
Price / SF$125.65
AddedApr 3
Days on Market104
Last RefreshJul 15 at 1:51 pm

Property Features for 1 W Pondfield Rd

General Information

Standard status
Active
Size
15,878 SF
Property subtype
Commercial

Listing office COMPASS GREATER NY, LLC

Listing date Apr 3, 2026

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of COMPASS GREATER NY, LLC


Investment Insights

Based on property information with market context.

This 15,878 square foot medical professional office building is located in Bronxville/Yonkers. The building contains 14 suites and four street-level storefronts. Currently, the property is 64% occupied, presenting an opportunity for increased income. There are five vacant suites totaling 4,910 square feet available for lease-up. The property is located minutes from the Bronxville Metro-North station, near major Westchester medical infrastructure. The location benefits from strong demographics and above-average household incomes, driving tenant demand from medical, dental, therapy, and allied health practices. The property is suitable for value-add investors seeking income growth in Westchester.

Key Highlights

  • 14‑suite medical professional office building with four street‑level storefronts.
  • Value‑add opportunity with 4,910 SF of vacant suites ready for lease‑up.
  • Located in a desirable Westchester submarket near Bronxville.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $331.5k $20.88
− Vacancy −$92.3k −$5.81
EGI $239.3k $15.07
− OpEx −$59.8k −$3.77
NOI $179.5k $11.30
15,878 SF · lease $20.88/SF/yr · vacancy 27.83% · expense 25.00%

Alternative Uses

Best Use
Healthcare Medical
$3.61M
$3.16M – $4.21M (±1% cap)
NOI $252,422 @ 7.0% cap · market cap 12.65%
Second Best
Office B
$2.56M
$2.24M – $2.99M (±1% cap)
NOI $179,450 @ 7.0% cap · market cap 8.99%
Theoretical Best
Multifamily LT 5
$5.49M
$4.80M – $6.40M (±1% cap)
NOI $384,211 @ 7.0% cap · market cap 19.26%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

One Dental Dental Office Dr. Steven J. ... Dental Office Ciccio & Demarest Orthodontics Dental Office Ciccio Jr Joseph ... Dental Office Chan Jennifer w ... Dental Office

Suggested Use

Parking Lot & Garage Daycare Center Hotel & Motel (Bike/Boat/Book/etc) Store Grocery & Convenience Store Restaurant Big Box & Wholesale Store Barber Shop (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Medical Office Space - 15,878 SF medical office building in desirable Westchester submarket.
Where is this medical office space located?
The property is located at 1 W Pondfield Rd Bronxville, NY.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 14‑suite medical professional office building with four street‑level storefronts.; Value‑add opportunity with **4,910 SF of vacant suites ready for lease‑up.**; Located in a desirable Westchester submarket near Bronxville.
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