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    2598 3Rd Ave New York, NY 10454

    Sponsored
    For Sale
    $3,500,000

    7,660 SF Medical Office - $3.5M

    Property size:
    7,660 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7,660 square foot medical office building, located at 2598 3rd Ave in the Bronx, New York (zip code 10454), presents a unique owner-user investment opportunity. The single-story building is zoned R6, C2-4 and comprises four units, ideally suited for a variety of medical practices. Previously equipped for advanced imaging, the property boasts a comprehensive layout including space previously dedicated to an MRI machine, CT scanner, digital X-ray, digital mammography, ultrasound, and bone density equipment. The building features ten private patient rooms, ensuring patient privacy and comfort, along with a dedicated patient reception area. This turnkey property offers immediate occupancy and the potential for significant return on investment. The asking price is $3,500,000. Its strategic location in Bronx County, New York, provides excellent accessibility and visibility. This is an exceptional opportunity to acquire a well-established medical facility with significant potential for growth and expansion. The property's existing infrastructure and layout offer immediate operational capabilities, minimizing upfront investment costs. Serious inquiries are encouraged.

    Property Features for 2598 3Rd Ave

    General Information

    Property type
    Medical offices
    Square Feet
    7,660 SF

    Building Details

    Stories
    1
    Units
    4

    HighLights

    • Medical suite featuring MRI, CT, digital X‑ray, digital mammography, ultrasound, and bone density equipment.
    • Ten private patient exam rooms.
    • Dedicated patient reception area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    Bronx
    State
    New York
    Longitude
    -73.925536329257
    Latitude
    40.811909518151

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    FAQs

    What type of property is this?
    Medical office - 7,660 SF Medical Office - $3.5M
    Where is this medical office located?
    The property is located at 2598 3Rd Ave New York, NY.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: Medical suite featuring MRI, CT, digital X-ray, digital mammography, ultrasound, and bone density equipment.; Ten private patient exam rooms.; Dedicated patient reception area.
    Request Owner's contact information
    2598 3Rd Ave New York, NY 10454
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    New York, NY 10454
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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
    2598 3Rd Ave New York, NY 10454
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