1480-1488 Westchester Ave - Storefront FOR SALE


Bronx, NY 10472- Soundview
$8,075,000 USD
646-546-5255
1480-1488 Westchester Ave, Bronx, NY for Sale
$8,075,000 USD
Storefront - FOR SALE
1/4
null | 7.09% Cap Rate

1480-1488 Westchester Ave
Bronx, NY 10472
Soundview


HIGHLIGHTS

  • PRIME SOUTH BRONX CORNER UNDER THE SUBWAY
  • 10,000 SF FULLY OCCUPIED 8 TENANTS W/ AIR RIGHTS
  • ASKING: 7.1% CAP RATE -- SUBMIT BEST OFFERS!

OVERVIEW

100’ x 100’ corner single story retail building with 8 tenants 100% occupied and 2 blocks from subway station Future development site with 38,000 SF of air rights Gross Income: 708k, Net Income: $572k Asking: $8.075 million — 7.1% CAP — SUBMIT OFFERS! EMAIL FOR OM : Josh at Jg@highcapgroup.com

FOR SALE DETAILS

PRICE

$8,075,000 USD

PRICE/SF

$808 USD /SF

CAP RATE

7.09%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1935

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

C4-2, Bronx, (K1)

APN/PARCEL ID

03738-0038

ASK ABOUT THIS PROPERTY

Christen PortelliHighcap Group LLCMore Info
646-546-5255

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Christen PortelliHighcap Group LLCMore Info
646-546-5255

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.