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    521 Bergen Ave Bronx, NY 10455

    For Lease
    $39 SF/Yr

    Newly renovated, flexible office space in Bronx, NY

    Lot size:
    54,631 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional six-story, 54,631 square foot Class B office building at 521 Bergen Avenue, Bronx, NY 10455, underwent a complete renovation in 2022. Located near the intersection of Bergen Avenue and 149th Street, this property offers a unique opportunity for businesses seeking flexible and adaptable space. The building is currently entirely vacant, allowing for a single tenant to occupy the entire 54,631 square feet or the space can be leased floor by floor to accommodate multiple tenants. The building features one passenger/freight elevator, making access to all six floors convenient. Its versatile design makes it suitable for a variety of uses, including creative office, medical office, executive office, and educational purposes. The building's modern amenities and central Bronx location provide an ideal environment for businesses seeking a high-quality workspace. The entire building is available for lease, offering a rare chance to secure a substantial and newly renovated office space in a thriving Bronx submarket. This is a unique opportunity to establish a prominent presence in a rapidly developing area. Contact us today to learn more about leasing options and explore the possibilities this exceptional property offers.

    Property Features for 521 Bergen Ave

    General Information

    Property type
    Schools
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    54,631 SF
    Class
    B
    Total Rate
    177550.75

    Building Details

    Year Renovated
    2022
    Buildings
    1
    Stories
    6

    Unit(s) available at that property

    Space
    Entire 6th Floor
    Size
    8,648 SF
    Rate per SF
    $42
    Space
    Entire 2nd Floor
    Size
    8,636 SF
    Rate per SF
    $39
    Space
    Entire Building
    Size
    54,631 SF
    Rate per SF
    $39
    Property Profile Location Intelligence

    Current Use by Public Records

    JMS Realty Inc Real Estate Agency

    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
    -73.9176574
    Latitude
    40.8154945

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    FAQs

    What type of property is this?
    School - Newly renovated, flexible office space in Bronx, NY
    Where is this school located?
    The property is located at 521 Bergen Ave Bronx, NY.
    What is the lease rate?
    The lease rate is $39-$42 SF/Yr.
    Request Owner's contact information
    521 Bergen Ave Bronx, NY 10455
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    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
    521 Bergen Ave Bronx, NY 10455
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