840 Westchester Ave The, Bronx, NY 10459
For Sale
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This exceptional mixed-use investment property, located at 840 Westchester Avenue in the Bronx, New York, presents a compelling opportunity for discerning investors. The building, constructed in 2007, boasts a substantial 58,540 square feet of space, distributed across two floors. Its versatile design caters to both medical office and retail tenants, making it an ideal asset for diversified income generation. The property is zoned C1-4 / R7-1, allowing for a range of uses. The asking price is $20,000,000, translating to a price per square foot of $341.65. The building sits on a 28,501 square foot lot and includes a significant 24,300 square foot parking garage, a highly desirable feature in this location. This prime location in the Bronx, with the address 840 Westchester Avenue, zip code 10459, offers excellent visibility and accessibility. The property's size, zoning, and existing infrastructure make it a strong contender for long-term growth and profitability. Detailed financial information and property reports are available upon request. This is a rare opportunity to acquire a substantial, well-located mixed-use building in a thriving New York City borough.
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Rite Aid Pharmacy
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Amazon Hub Locker - Emanda Postal Service Courier Service
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Western Union Bank Credit Union
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Mohamed N. Elasshab, BS Pharmacy
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higi Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R7-1 · Bronx, NYBronx. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.