1772 Westchester AveThe Bronx, NY 10472

Property Details for 1772 Westchester Ave

Year built

1924

Lot size

0.12 AC

Property size (Sq ft)

3,550 SF

Zone code

R5

Property type

Retail properties

Property subtype

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.

• CAP approach

  CAP return

  Valuation

  6%

  $862,774

  6.5%

  $796,407

  7%

  $739,520

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,168,884

  Geo Method

  $1,168,884

• Alternative Use

  Use

  Valuation

  Residential

  $671,799

  Hospitality

  $615,364

  Educational

  $511,976

  Medical

  $529,583

  Retail

  $796,407

Location Insight

City

Bronx

County

Bronx

State

New York

Latitude

40.8313

Longitude

-73.8674

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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