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    909 Tremont Ave The Bronx, NY 10460

    Sponsored
    For Lease
    $46 SF/Yr

    Brand new, multi-tenant medical office space.

    Lot size:
    6,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6,500 square foot medical office building, constructed in 2020, presents a unique investment opportunity in the thriving West Farms submarket of the Bronx. Located on East Tremont Avenue, with 84 feet of prominent street frontage, this building boasts a prime location and visibility. The property is one of the tallest in the immediate area, offering excellent branding potential. The building is currently configured for multiple tenants, with a minimum divisible space of 800 square feet and the possibility of leasing the entire 6,500 square feet contiguously. Its modern construction ensures efficient and attractive spaces for medical practices of all sizes. The building's strategic location in Bronx County, near Daly Avenue, provides easy access for patients and staff. This is an ideal opportunity for medical professionals seeking a high-profile, modern space in a rapidly developing area. The building's size and layout offer flexibility for a variety of medical uses, making it a highly desirable asset. Its new construction status ensures minimal maintenance and operational costs for years to come. Don't miss this chance to secure a prominent presence in a growing medical corridor.

    Property Features for 909 Tremont Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,500 SF
    Total Rate
    24916.67

    Building Details

    Year Built
    2020

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    6,500 SF
    Rate per SF
    $60

    HighLights

    • 6,500 SF medical office building with multiple tenancies available.
    • 800 SF minimum divisible space, up to 6,500 SF contiguous space available.
    • Located on East Tremont Avenue, Bronx, NY, near Daly Avenue, in the West Farms submarket.
    • Built in 2020.
    • Features 84 feet of frontage.
    • One of the tallest buildings in the immediate area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Deluxe Paint Co. Painting Bronx Car Donation Donations Center

    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
    The Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.884308330305
    Latitude
    40.842066437153

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    FAQs

    What type of property is this?
    Medical office - Brand new, multi-tenant medical office space.
    Where is this medical office located?
    The property is located at 909 Tremont Ave The Bronx, NY.
    What is the lease rate?
    The lease rate is $60 SF/Yr.
    What are key features of this property?
    This property features: 6,500 SF medical office building with multiple tenancies available.; 800 SF minimum divisible space, up to 6,500 SF contiguous space available.; Located on East Tremont Avenue, Bronx, NY, near Daly Avenue, in the West Farms submarket.
    Request Owner's contact information
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    The Bronx, NY 10460
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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
    909 Tremont Ave The Bronx, NY 10460
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