1940 Webster Ave - Storefront Retail/Office FOR SALE


Bronx, NY 10457- Tremont
$8,500,000 USD
212-660-7775
1940 Webster Ave, Bronx, NY for Sale
$8,500,000 USD
Storefront Retail/Office - FOR SALE
1/1
null | 6.15% Cap Rate

1940 Webster Ave
Bronx, NY 10457
Tremont


OVERVIEW

Cushman & Wakefield is pleased to announce that it has been retained on an exclusive basis to arrange for the sale of 1940 Webster Avenue, a NNN leased DaVita Kidney Care Center in the Tremont neighborhood of the Bronx. 1940 Webster Avenue is two-story 19,979 RSF medical building. The offering includes one tax lot plus a permanent easement across two lots, currently used as parking. The property is located in a C4-5X zone which includes an R7X residential equivalent, boasting a 4.0 commercial FAR and a 5.0 residential FAR. Combined, the properties offer a total buildable square footage of ~81,000 SF as of right, and up to 95,778 buildable square feet with the UAP bonus.

FOR SALE DETAILS

PRICE

$8,500,000 USD

PRICE/SF

$425 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1943

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,963 SF

ZONING

C4-5X

APN/PARCEL ID

03027-0016

ASK ABOUT THIS PROPERTY

Jon SquiresCushman & WakefieldMore Info
212-660-7775

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Jon SquiresCushman & WakefieldMore Info
212-660-7775

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