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Property profile & analytics
OFF-MARKET
Office Spaces

240 137Th St The Bronx, NY 10451

15,000 SF
Property ID
Property summary
AI-generated overview

This exceptional creative office space, located at 240-242 E 137th St in the Bronx, offers a unique opportunity for a single tenant. The property boasts a substantial 15,000 square feet of total building space, with the available unit ranging from 2,500 to 5,000 square feet. This second-floor loft-style office features high ceilings, ranging from 11 to 13 feet, providing an airy and inspiring work environment. The space includes an existing build-out, offering significant potential for immediate occupancy and customization to suit specific business needs. The building is equipped with elevators for convenient access to all floors. This is an ideal location for businesses seeking a modern, flexible, and creatively designed office space in a vibrant up-and-coming area. The single-tenant occupancy ensures privacy and control over the entire space. The expansive square footage allows for a variety of configurations, accommodating teams of various sizes and operational requirements. This property presents a rare opportunity to secure a well-appointed, ready-to-occupy office space in a desirable location. Inquire today to learn more about this exceptional offering and schedule a viewing.

Property profile
Verified
Property type Office Spaces
Total area 15,000 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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