Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    370 149Th St Bronx, NY 10455

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Multiple Suites, Renovated, South Bronx Location

    Lot size:
    4,601 SF

    Property Features for 370 149Th St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,601 SF
    Class
    C

    Spaces For Lease

    at 370 149Th St, Bronx, NY 10455 Contact us

    We can help!

    Listing Contact
    Nathan Wilson
    Nathan Wilson

    Listing Agency: AGW Partners Listing Agent: Nathan Wilson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional commercial property, located at 370 East 149th Street in the vibrant South Bronx submarket, offers multiple traditional office spaces available for lease. The building boasts recently renovated interiors, providing a modern and efficient workspace for businesses of all sizes. The property is classified as Class C and features a multi-tenant occupancy. Its strategic location in "The Hub" offers unparalleled convenience. Situated near the Grand Concourse and the Bronx Courthouse, this location ensures easy access to public transportation and essential legal services. Furthermore, the property benefits from its proximity to a wide array of quick-service restaurants (QSRs) and numerous local and national retailers, providing employees with ample dining and shopping options. The address is 370 E 149th St, Bronx, NY 10455. This is an excellent opportunity to secure high-quality office space in a thriving and easily accessible area of the Bronx. The building's modern amenities and convenient location make it an ideal choice for businesses seeking a productive and well-situated workspace. Interested parties should inquire for further details regarding available suite sizes and lease terms.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Adelphi Health Insurance Insurance Agency Pella care Home Health Care Service Apple Bank Bank Heartbeat Security Training Security Service Spot Fashion Clothing Store

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.9187368
    Latitude
    40.8161302

    Nearby Similar for Lease

    • New
      $3,000 /Mo

      Medical Office Space For Rent

      Medical/Dental office space available in the Pelham Park area.
      3060 Roberts Ave, Bronx, NY 10461
      View Details
    • New
      $12,000 /Mo

      Mott Haven Mixed-Use Building

      Four-story mixed-use building available for lease in Mott Haven.
      230 E 144Th St, Bronx, NY 10145
      View Details
    • $3,200 /Mo
      3,071 SF

      Bronx Office Space For Rent

      Spacious, well-lit ground floor office in Throggs Neck.
      3717 E Tremont Ave, Bronx, NY 10465
      View Details
    • $2,500 /Mo
      3,450 SF

      Commercial Office Space in Bronx

      Move-in ready commercial office space with natural light.
      3800 E Tremont Ave, Bronx, NY 10465
      View Details
    • $7,200 /Mo
      3,450 SF

      Versatile Commercial Space in Bronx

      Bright, adaptable commercial space suitable for various professional uses.
      3800 E Tremont Ave, Bronx, NY 10465
      View Details
    • $2,995 /Mo

      Bright Commercial Office Space Available

      Well-lit Bronx commercial office with modern glass partition for rent.
      3800 E Tremont Ave, Bronx, NY 10465
      View Details
    • $2,500 /Mo

      Bright Commercial Office Space

      Well-lit Bronx office with modern glass partition, move-in ready.
      3800 E Tremont Ave, Bronx, NY 10465
      View Details
    • $3,300 /Mo

      Bronx Office Suite For Rent

      Commercial office suite with elevator access, suitable for various businesses.
      2024 Williamsbridge Rd, Bronx, NY 10461
      View Details
    • $3,000 /Mo
      2,400 SF

      Medical/Dental Office Space Available

      Medical/Dental office space for rent in Pelham Park area.
      3060 Roberts Ave, Bronx, NY 10461
      View Details
    • $12,000 /Mo
      5,462 SF

      Retail Space in Bronx, NY

      Retail property available for lease in the Bronx, NY.
      650 E Fordham Rd, Bronx, NY 10458
      View Details
    • $8,000 /Mo

      Professional Medical Office on Fordham

      Turn-key medical office space for lease in the Bronx.
      625 E Fordham Rd, Bronx, NY 10458
      View Details
    • $2,785 /Mo

      Bronx Retail/Office Space Available

      Commercial space suitable for office use in a high-traffic area.
      5662 Mosholu Ave, Bronx, NY 10471
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Multiple Suites, Renovated, South Bronx Location
    Where is this office property / space located?
    The property is located at 370 149Th St Bronx, NY.
    What are key features of this property?
    This property features: Excellent window lines provide a bright, welcoming environment.; Up to 4,874 square feet of office space available across two floors in the Hub.; High foot traffic and convenient access to numerous retail stores.
    (703) 967-6447 Call to check price and availability
    Request Owner's contact information
    370 149Th St Bronx, NY 10455
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    370 149Th St
    Bronx, NY 10455
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    370 149Th St Bronx, NY 10455
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Nathan Wilson
    Nathan Wilson
    (703) 967-6447 (212) 843-9713
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!