Property profile

1451 Westchester Ave New York City, NY 10472

FOR LEASE
Office buildings
Property ID
US63-1084516
15,020 SF 0.18 ac lot Built 1925
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional medical office building, located at 1451 Westchester Avenue in the Bronx, New York (zip code 10472), offers a total of 5,422 square feet of space currently available for lease. The property is categorized as both retail and office, specifically designated as a medical office building with multiple suites. The building comprises three individual suites, providing flexibility for various medical practices or businesses. The entire 5,422 square feet is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire building or for multiple tenants to lease individual suites. Minimum divisible space starts at 1,443 square feet, while the maximum contiguous space available is 3,979 square feet. The building features a ceiling height of 13 feet 9 inches, offering ample space and a comfortable working environment. This prime location in Bronx County, New York, provides excellent visibility and accessibility for patients and clients. The property is ideal for medical professionals seeking a well-maintained and conveniently located space to establish or expand their practice. Interested parties are encouraged to inquire about lease terms and availability.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1925
Total area 15,020 SF
Lot 0.18 ac (7,750 SF)
Zoning code R6
APN 03770-0080
UPID US63-1084516

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1451 Westchester Ave New York City, NY 10472
New York City metro Census 5400 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$600k

Owner & transaction history

since 2019
5 recorded transactions
2021
Price N/A
2020
Price N/A
2019
$3.3M
2009
Price N/A
1969
Price N/A

Zoning & alternative use

R6 · Bronx, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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