2598 3Rd Ave The Bronx, NY 10454
- Specialty properties
Current Use by Public Records
- DTS Limited / Hardware Store
- 2598 Realty Corporation / Property Management Company
- Healthcare Radiology / Medical Group
- Stav Equities / Real Estate Agency
- The Laboratory Patient Service Center / Medical Laboratory / Blood Testing Service
Property Details for 2598 3Rd Ave
- Property type
- Specialty properties
- Property subtype
- Medical space
Description
This exceptional 7,200 square foot special purpose building in the Bronx, New York, presents a unique investment opportunity. Currently, a portion of the space is occupied by a thriving chiropractic and physical therapy practice, leasing 2,700 square feet. This leaves a substantial 4,500 square feet of readily available space, plus a full basement, perfect for expansion or attracting new tenants within the medical field. The building is located at 2598 Third Avenue, Bronx, NY 10454, in Bronx County. The property's single-tenant occupancy offers streamlined management, while the existing tenant base provides immediate cash flow. The significant available space allows for considerable growth potential, whether through expansion of the existing practices or attracting new medical professionals. This property is ideal for investors seeking a stable income stream with the potential for substantial future returns. The building's location in the Bronx offers convenient access to major transportation routes and a dense population base, ensuring a strong potential tenant pool. The 4,500 square feet of vacant space, combined with the basement, provides ample opportunity for customization and tenant build-outs to meet specific needs. This is a rare chance to acquire a well-situated medical building with immediate income and significant upside.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- The Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.9254
- Latitude
- 40.8117
