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    OFF-MARKET
    Retail properties & Spaces

    231 167Th St, The Bronx, NY 10456

    10,000 SF 0.23 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 10,000 SF
    Lot 0.23 ac (10,019 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • 99¢ Grant Discount Store
    • Black Bodega Grocery & Convenience Store Food Market
    • H&R Block Tax Preparation
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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