63 Fordham Rd, The Bronx, NY 10468
This exceptional single-tenant medical office building, located at 63 West Fordham Road in the Bronx's University Heights submarket, presents a unique investment opportunity. The property boasts a total of 14,000 square feet, with 5,000 square feet currently vacant, offering significant potential for expansion or lease to a new tenant. Situated on a 3.3-acre lot, the one-story building features a 4.8 floor area ratio and is zoned R6/C1-4. Its prime location between Grant and University Avenues ensures high visibility and accessibility, benefiting from strong pedestrian traffic and excellent public transportation links. The building's strategic placement within the bustling University Heights area places it amidst a thriving mix of established national and local retailers, creating a vibrant and attractive environment for both patients and staff. The property's single-tenant occupancy provides stability and ease of management, while the substantial vacant space offers flexibility for various medical practices or related businesses. The property's address is 63 West Fordham Road, The Bronx, New York, 10468, with the APN 03213-0043. This is an ideal opportunity for medical professionals seeking a well-located, spacious, and easily adaptable facility in a high-demand area. The property's size and zoning allow for a variety of uses within the medical field. This is a rare chance to acquire a significant asset in a rapidly growing neighborhood.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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