2070 Jerome Ave New York, NY 10453
- Retail residential properties
- 11,600 SF
- 0.27 lot acres
Current Use by Public Records
- womenhealthcenter / Store
Property Details for 2070 Jerome Ave
- Year built
- 1920
- Lot size
- 0.27 lot acres
- Property size
- 11,600 SF
- Zone code
- R7A
- Property type
- Retail residential properties
- APN
- 03179-0008
- APU
- 31790008
Description
This exceptional multi-level commercial property at 2070 Jerome Avenue in the Bronx, New York (zip code 10453), offers a unique investment opportunity. The building totals 23,476 square feet and features four individual suites, ideal for a variety of medical office uses or other commercial tenants. Currently, there are 4,760 square feet of vacant space available, offering flexibility for businesses seeking immediate occupancy. The minimum divisible space is 403 square feet, perfect for smaller practices or startups, while the maximum contiguous space available is 2,607 square feet, suitable for larger organizations. The property's classification includes retail, office, medical office, and street retail components, catering to a diverse range of potential tenants. Its location in Bronx County provides convenient access to major transportation routes and a thriving local community. This is a rare chance to secure a well-situated commercial space in a high-demand area. The property is categorized as multi-tenant, allowing for diverse occupancy and potential for strong rental income. Inquire today to learn more about leasing opportunities within this versatile and strategically located building.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,155,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,165,000
- 6.5%
- $2,720,000
- 7%
- $3,015,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,375,000
- Geo Method
- $2,540,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,520,000
- Retail
- $3,115,000
- Mixed-Use
- $2,940,000
- Hospitality
- $2,420,000
- Educational
- $2,540,000
- Residential Income
- $3,065,000
- Energy
- $2,640,000
- Income-Based Land
- $3,030,000
- Food Service
- $2,950,000
Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.9065
- Latitude
- 40.8543
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
