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Property profile & analytics

368 148Th St New York, NY 10455

  • Office Properties & Spaces
  • 21,200 SF
Value Estimation
Location Intelligence

Current Use by Public Records

  • Office Properties & Spaces

Property Details for 368 148Th St

Property size
21,200 SF
Property type
Office Properties & Spaces
Property subtype
Medical offices

Description

This exceptional seven-story medical office building, located at 368 East 148th Street in the Bronx, presents a unique investment opportunity. The property boasts a total of 21,200 square feet situated on a 2,700 square foot lot. Currently occupied by a non-profit organization under a lease expiring May 1, 2021, this Class C building offers significant potential for future use. The interior is thoughtfully designed with a mix of private rooms and conference rooms, making it ideal for a variety of medical, office, or educational purposes. Other uses will be considered. The building features a single standard elevator, ensuring convenient access to all seven floors, each with approximately 2,650 square feet of usable space. Its convenient location in the Bronx submarket offers easy access to public transportation, being just around the corner from the 2 and 5 subway lines at the 149th Street/3rd Avenue station. This single-tenant property presents a compelling opportunity for investors seeking a well-located, established medical office building in a thriving area of the Bronx County. The building's existing infrastructure and layout provide a solid foundation for a variety of potential uses, making it an attractive prospect for both short-term and long-term investment strategies.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
New York
County
Bronx
State
New York
Longitude
-73.9193
Latitude
40.8156
More about this property
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