1772 Westchester Ave The Bronx, NY 10472
- Retail space
- 3,550 SF
- 0.12 lot acres
Current Use by Public Records
- golden flower / Chinese Restaurant
- Boba Tea / Cafe
- Lian Xi Ming / Chinese Restaurant / Delivery Restaurant
Property Details for 1772 Westchester Ave
- Year built
- 1924
- Lot size
- 0.12 lot acres
- Property size
- 3,550 SF
- Zone code
- R5
- Property type
- Retail space
- APN
- 03762-0037
- APU
- 37620037
Description
This exceptional retail property, located at 1772 Westchester Avenue in the Bronx, New York (zip code 10472), offers a total of 3,000 square feet of commercial space currently available for lease. The property is categorized as multi-tenant retail, presenting a unique opportunity for businesses seeking a vibrant location within Bronx County. The building is entirely vacant, providing a blank canvas for prospective tenants to customize the space to their specific needs. Two individual spaces, each measuring 1,500 square feet, are available, allowing for flexibility in lease terms and tenant occupancy. This prime location in The Bronx offers high visibility and accessibility, making it an ideal spot for a variety of retail businesses. The property's address is 1772 Westchester Avenue, situated at latitude 40.8311968 and longitude -73.867368. Serious inquiries are encouraged to explore the possibilities of establishing a thriving business in this dynamic area. The property is classified as retail commercial space and presents a significant opportunity for growth and success. Contact us today to schedule a viewing and discuss lease options. The total square footage of the building is 3,000 square feet, with all of it currently vacant and ready for immediate occupancy.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,350,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,485,000
- 6.5%
- $2,155,000
- 7%
- $2,420,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,055,000
- Geo Method
- $2,055,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,305,000
- Retail
- $2,310,000
- Mixed-Use
- $2,175,000
- Hospitality
- $2,185,000
- Educational
- $2,030,000
- Residential Income
- $2,615,000
- Energy
- $2,025,000
- Income-Based Land
- $2,100,000
- Food Service
- $1,945,000
Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.8674
- Latitude
- 40.8313
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
