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Triple-Net Flex Space
For Sale
Contact for pricing
Pending

390 Concord Ave The, Bronx, NY 10454

Industrial/flex facility paired with a newly signed lease and upgraded building infrastructure and technology.

Property SizeContact for details
Days on Market143

Property Features for 390 Concord Ave The

General Information

Standard status Pending
Property subtype Industrial

Additional Details

Highway Access Yes
Listing Agency: Lee & Associates - New York
Listed By: Chris Varjan · License #New York
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 11:17PM

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 Lee & Associates - New York

Investment Insights

Based on property information with market context.

This flex-space asset at 390 Concord Avenue is structured as a sale-leaseback with PharmaLogic, a nuclear medicine provider. A newly signed triple-net lease is in place, and the lease terms may be adjusted before origination. Building infrastructure and technology have received substantial capital improvements, supporting the property's industrial/flex configuration.

The property is located in The Bronx, New York, near the intersection of the Major Deegan Expressway and Bruckner Boulevard. The location provides access to New York City and connects the asset to an established urban industrial setting. The address is 390 Concord Avenue, Bronx, NY 10454.

Key Highlights

  • Newly signed triple‑net lease with PharmaLogic
  • Sale‑leaseback structure tied to a nuclear medicine provider
  • Substantial capital improvements to building infrastructure and technology

Property Analytics

Current Use

PharmaLogic New York ... Pharmacy

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Gym & Fitness Center Nursing Home Acupuncture

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,757
Businesses Nearby
Under-served
Demand for This Use

Demographics for 10454, NY

40,232
Population
15,397
Households
2.6
Avg Household Size
33
Median Age
14%
College-Educated
62%
High-School Grad
1.1 sq mi
ZIP Area
36,575
Density / Sq Mi
$27,500
Median Household Income
$31,243
Median Earnings
$1,064
Median Rent
$780,800
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Gourmondo 704 E 141st St, Bronx, NY 10454
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  • Francisco Sánchez Rodríguez 884 Beck Street, The Bronx, NY, USA, NY 10459

Frequently Asked Questions

What type of property is this?
Flex space - Industrial/flex facility paired with a newly signed lease and upgraded building infrastructure and technology.
Where is this flex space located?
The property is located at 390 Concord Ave The Bronx, NY.
What are key features of this property?
This property features: Newly signed triple‑net lease with PharmaLogic; Sale‑leaseback structure tied to a nuclear medicine provider; Substantial capital improvements to building infrastructure and technology
(201) 615-8557 Call to check price and availability
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