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Westchester Square Retail Investment Opportunity
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12 Westchester Square, Bronx, NY 10461

12,700 SF retail property with credit tenant and future flexibility.

Property Size12,700 SF
Days on Market110

Property Features for 12 Westchester Square

General Information

Standard status Active
Size 12,700 SF
Property subtype Retail
Investment Type Redevelopment

Building Details

Tenancy Multi
Listing Agency: Cushman & Wakefield New York
Listed By: Josh Neustadter · License #NY 10401302418
Source: Crexi
Added: May 13 Changed: Aug 8 Last Checked: Aug 29 at 8:19AM

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 Cushman & Wakefield New York

Investment Insights

Based on property information with market context.

The property at 12 Westchester Square is a 12,700-square-foot retail property located in the Westchester Village neighborhood of the Bronx. The property is currently owned and occupied by Apple Bank. The property will be delivered with a new 10-year lease with Apple Bank for approximately 3,850 square feet. The location benefits from strong co-tenancy within one of the Bronx’s most active commercial corridors, alongside a mix of national and local retailers including Chipotle, McDonald’s, Taco Bell, Wingstop, Little Caesars, T-Mobile, and Walgreens. These neighboring tenants contribute to consistent foot traffic and a strong consumer base. The property is located steps from the Westchester Square–East Tremont Avenue subway station (6 train) and is further supported by multiple bus lines, including the Bx4, Bx31, Bx8, Bx24, and Bx21, providing accessibility to the surrounding area. This arrangement provides investors with stable income from a creditworthy tenant, while also offering future leasing flexibility across the remaining space.

Key Highlights

  • New 10‑year lease with Apple Bank for approximately 3,850 square feet provides stable income.
  • Located in one of the Bronx’s most active commercial corridors with strong co‑tenancy.
  • Mix of national and local retailers drive consistent foot traffic.

Property Analytics

Current Use

Apple Bank Bank Apple Bank ATM Atm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Travel Agency Clothing & Fashion Store Bed & Breakfast Restaurant Coworking & Hybrid Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,835
Businesses Nearby
278k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 49% Shops & Services 45% Groceries 4% Electronics 2%
Wendy's Dining
31,083 visits/mo 0.1 miles
Dollar Tree Shops & Services
29,487 visits/mo 0.2 miles
Dunkin' Donuts Dining
27,689 visits/mo 0.5 miles
BP Shops & Services
20,116 visits/mo 0.2 miles
Burger King Dining
17,460 visits/mo 0.4 miles

Demographics for 10461, NY

54,901
Population
20,418
Households
2.7
Avg Household Size
38
Median Age
27%
College-Educated
82%
High-School Grad
2.4 sq mi
ZIP Area
22,875
Density / Sq Mi
$65,023
Median Household Income
$45,445
Median Earnings
$1,741
Median Rent
$640,400
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Bank - 12,700 SF retail property with credit tenant and future flexibility.
Where is this bank located?
The property is located at 12 Westchester Square Bronx, NY.
What are key features of this property?
This property features: New 10‑year lease with Apple Bank for approximately 3,850 square feet provides stable income.; Located in one of the Bronx’s most active commercial corridors with strong co‑tenancy.; Mix of national and local retailers drive consistent foot traffic.
More about this property
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