212-499-7700
200 W Tremont Ave, Bronx, NY for Sale
Schools - FOR SALE
1/3
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200 W Tremont Ave
Bronx, NY 10453
Morris Heights


HIGHLIGHTS

  • Acquire the fee interest in a newly redeveloped community facility asset in the Bronx
  • Generational income stream with zero management responsibilities

OVERVIEW

Lee & Associates NYC is pleased to present exclusively for sale the fee position of the asset located at 200 West Tremont Avenue, Bronx, NY 10453 ("the Property"). Located on the south side of West Tremont Avenue between Montgomery Avenue and Phelan Place, the Property is a newly redeveloped Charter School and Community Facility asset spanning approximately 39,700 square feet that is on a 99-year leasehold to an experienced developer in the Charter School space. The Property represents the opportunity to acquire multi-generational stable cash flow featuring no management responsibilities with a fully leased asset as the underlying collateral.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Heights Neighborhood Senior Center

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

C

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

R6

APN/PARCEL ID

02877-0522

ASK ABOUT THIS PROPERTY

Benjamin TapperLee & AssociatesMore Info
212-499-7700

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Benjamin TapperLee & AssociatesMore Info
212-499-7700

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