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    2591 Westchester Ave Bronx, NY 10461

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    For Sale
    $970,000

    Single-story retail building in a busy commercial hub.

    Property size:
    1,240 SF
    Lot size:
    0.04 Acres

    Property Features for 2591 Westchester Ave

    General Information

    Size
    1,240 SF
    Lot size
    0.04 Acres

    Source: RIPCO Real Estate - Brooklyn Agent Alex Svetlakou

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

    Overview

    Westchester Square Retail Building

    This is a 1,240 square foot, single-story retail building located at the corner of Westchester Avenue and East Tremont Avenue in the Westchester Square Business Improvement District of The Bronx. The entire building is NNN-leased to RiteCheck under a long-term lease agreement that includes 10% increases every five years. The property benefits from its location in a busy commercial hub at the intersection of two major thoroughfares.
    Insight Report Location Intelligence

    Current Use by Public Records

    RiteCheck Check Cashing Service MoneyGram Money Transfer Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Castle Topp Pharmacy, 7186846825, Essential pharmacy group, S.M.N. Health and Beauty Corp, Mason Rx Inc

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.841374
    Latitude
    40.841234

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    FAQs

    What type of property is this?
    Drug store - Single-story retail building in a busy commercial hub.
    Where is this drug store located?
    The property is located at 2591 Westchester Ave Bronx, NY.
    What is the asking price?
    The asking price for this property is $970,000.
    What are key features of this property?
    This property features: - Unbeatable location at the intersection of Westchester Ave and E Tremont Ave in a busy commercial hub.; - Entire building NNN-leased to RiteCheck.; - Long-term lease in place.
    (718) 233-6565
    Request Owner's contact information
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    Bronx, NY 10461
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2591 Westchester Ave Bronx, NY 10461
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