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Property profile & analytics
FOR LEASE
Retail residential properties

1010 Washington Ave New York City, NY 10456

93,430 SF 0.06 ac lot Built 2023
Entity Owned 1-yr Hold Free & Clear
Property ID
US63-5881044
Property summary
AI-generated overview

This exceptional commercial property, located at 1010 Washington Avenue in the Morrisania neighborhood of the Bronx, New York, offers a total of 205,000 square feet of traditional office space across multiple tenancies. The building sits on a 17,951 square foot lot and is zoned M1-1/R7-2. Currently, there are three available office spaces ranging from 14,700 to 30,900 square feet, presenting a unique opportunity for businesses seeking substantial space in a thriving area. The property enjoys excellent accessibility, situated between Weiher Court and East 164th Street, with convenient proximity to the Prospect Avenue subway station (2 & 5 trains) and several bus lines (BX21, BX15, & BX6). This prime location benefits from a high concentration of established businesses and amenities, including Dunkin', McDonald's, Food Bazaar, Walgreens, Starbucks, Retro Fitness, Food Universe Marketplace, Hook & Reel, Santander Bank, Domino's, CTown Supermarket, TrueCare Pharmacy, and Kennedy Fried Chicken, ensuring a vibrant and convenient environment for tenants and employees. The property's size and location make it an ideal investment opportunity for businesses seeking a significant presence in a rapidly developing area of the Bronx. Detailed specifications and lease terms are available upon request.

Property profile
Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 2023
Total area 93,430 SF
Lot 0.06 ac (2,625 SF)
Zoning code M11R72
APN 02369-0010
UPID US63-5881044
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$13.92M
Blend (final) Blend
$11.39M
Owner & transaction history
1010 Claremont Village LLC · 1 yrs held
1010 Claremont Village LLC
since 2025
7 recorded transactions
2025
Price N/A
2024
Price N/A
2024
Price N/A
2023
Price N/A
2023
Price N/A
2022
Price N/A
2022
$4.2M
Zoning & alternative use
M11R72 · Bronx, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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