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    FOR LEASE
    Office buildings

    1451 Westchester Ave, New York City, NY 10472

    15,020 SF 0.18 ac lot Built 1925
    Entity Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US63-1084516
    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
    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
    by Request
    Blend (final) Blend
    $3.18M
    Owner & transaction history
    1451 Westchester Ave LLC · 7 yrs held
    1451 Westchester Ave LLC
    since 2019
    5 recorded transactions
    2021
    2020
    2019
    $3.3M
    2009
    1969
    Zoning & alternative use
    R6 · Bronx, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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