231 167Th St, The Bronx, NY 10456
This single-tenant medical office space, totaling 1,200 square feet, is situated in a prime Bronx location at 231 East 167th Street, between Sherman and Grant Avenues, in the 10456 zip code. The building, renovated in 2016, offers a total of 10,000 square feet across one story, with a 4.8 FAR. The 0.23-acre lot is zoned R7-1, C1-4. This Concourse Village property benefits from its location within a thriving, mixed-use neighborhood, attracting a loyal customer base. Its proximity to major transportation hubs ensures easy access for patients and staff. The space is ideal for a variety of medical practices and offers excellent visibility within a retail-dense area. The building itself is a single-tenant structure, providing a private and secure environment. This presents a unique opportunity to establish or expand a medical practice in a high-traffic, convenient location within the Bronx. The property's strong location and recent renovation make it an attractive investment for medical professionals seeking a well-established and accessible space to serve the community. The building's size and zoning allow for flexibility in potential uses within the medical office sector.
-
99¢ Grant Discount Store
-
Black Bodega Grocery & Convenience Store Food Market
-
H&R Block Tax Preparation
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.