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Property profile & analytics
OFF-MARKET
Office Spaces

860 Grand Concourse The The Bronx, NY 10451

700 SF Built 1935
Property ID
Property summary
AI-generated overview

This 700-square-foot vacant office space, located at 860 Grand Concourse, Unit 2R, in The Bronx, NY 10451, presents a unique investment opportunity. Situated in a desirable Art Deco building with a doorman, this traditional office space boasts high foot traffic due to its prime location in the heart of the Bronx's business district. Across from the Bronx Supreme Court, it offers unparalleled convenience with proximity to numerous city, state, and banking agencies, restaurants, parks, and museums. Excellent public transportation access includes the 2, 4, 5, B, and D subway lines, Bx1 & 2 buses, and easy access to the Metro-North line at Yankee Stadium. Major highways, I-87 and I-95, are also easily accessible. Built in 1935, this property is zoned R8 and features convenient access from the main lobby. Building amenities include a live-in superintendent and laundry facilities. The sale is "as is." This is an ideal space for various professional uses, including legal, medical, and non-profit organizations. The asking price is $225,000. The APN is 2024590030.

Property profile
Verified
Property type Office Spaces
Year built 1935
Total area 700 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
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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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