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    368 148Th St Bronx, NY 10455

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    For Sale
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    Seven-story medical office building, Bronx, NY.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional seven-story medical office building, located at 368 E 148th St in the Bronx, NY (zip code 10455), presents a unique investment opportunity. The building offers substantial floor plates of 2700 square feet each, making it ideally suited for a single large tenant or a multi-tenant configuration. Its flexible zoning allows for a variety of uses, including medical practices, non-profit organizations, educational institutions, or traditional office spaces. The building also includes a full basement, adding to its overall functionality and potential. The property is situated in Bronx County, New York, offering convenient access to major transportation routes and a diverse population base. Given its size and versatility, this building is an excellent choice for businesses seeking a prominent presence in a thriving community. The seller is highly motivated, and reasonable offers will be considered. This is a rare opportunity to acquire a substantial and well-located commercial property in the Bronx. The building's prime location and flexible zoning make it a highly attractive investment prospect. Serious inquiries are encouraged.

    Property Features for 368 148Th St

    General Information

    Property type
    Medical offices

    HighLights

    • 7‑story medical office building with basement, totaling 27,000 square feet (2700 sf per floor).
    • Excellent for single‑tenant occupancy.
    • Suitable for medical, non‑profit, educational, or general office uses.
    • Flexible zoning allows for a variety of uses.
    • Motivated seller seeking reasonable offers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Narco Freedom Addiction Treatment 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
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.9193338
    Latitude
    40.8155987

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    FAQs

    What type of property is this?
    Medical office - Seven-story medical office building, Bronx, NY.
    Where is this medical office located?
    The property is located at 368 148Th St Bronx, NY.
    What are key features of this property?
    This property features: 7-story medical office building with basement, totaling 27,000 square feet (2700 sf per floor).; Excellent for single-tenant occupancy.; Suitable for medical, non-profit, educational, or general office uses.
    Request Owner's contact information
    368 148Th St Bronx, NY 10455
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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
    368 148Th St Bronx, NY 10455
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