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Property profile & analytics
OFF-MARKET Estimated value $10,365,000
Retail residential properties

655 233rd St Bronx, NY 10466-2865

60,200 SF 0.39 ac lot Built 1928
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US63-1140210
Property summary
AI-generated overview

This exceptional 1,400 square foot medical office space is available for lease in the Bronx, New York. Situated on the ground floor of a 62-unit apartment building at 655 E 233rd St, zip code 10466, this property offers convenient access and high visibility. The total building size is 3,460 square feet, with this suite representing a significant portion of the available space. The building is located in Bronx County and is ideally suited for a variety of medical uses, including pharmacies and other medical offices. Its prime location offers excellent proximity to Montefiore Hospital, ensuring a strong patient base and convenient access for medical professionals. The space is part of a larger community facility, making it an attractive option for businesses seeking a collaborative environment. This is a single-suite, multi-tenant building, presenting a unique opportunity for a medical practice or related business to establish a strong presence in a thriving community. The property's ground floor location ensures high visibility and easy accessibility for patients and clients. This listing presents a rare opportunity to secure a well-located, sizable medical office space in a high-demand area.

Property profile
Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1928
Total area 60,200 SF
Lot 0.39 ac (17,175 SF)
Zoning code R6
APN 04994-0023
UPID US63-1140210
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
Current use
Occupant on record · Public records
  • Alberto Seda Pharmacy
  • Avon Representative Dennis Giammusso Cosmetic Store
  • Verni Agency Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.00M
Blend (final) Blend
$10.37M
Owner & transaction history
L A L E233 Management Co LLC · 10 yrs held
L A L E233 Management Co LLC
since 2016
6 recorded transactions
2021
Price N/A
2016
Price N/A
2016
$10.6M
2010
$5.9M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
R6 · Bronx, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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