1163 Manor Ave - Medical FOR SALE


Bronx, NY 10472- Soundview
$4,300,000 USD
212-201-1230
1163 Manor Ave, Bronx, NY for Sale
$4,300,000 USD
Medical - FOR SALE
1/25
null | 7.4% Cap Rate

NEW


1163 Manor Ave
Bronx, NY 10472
Soundview


HIGHLIGHTS

  • Zoning is C4-2, which gives investor opportunity to add additional 10,000sf and increase to 18,700sf (Please check and confirm with your architect)
  • 600sf to 4,000sf can be delivered vacant on second floor, if buyers needs it
  • Property Renovated in 2017 and added second floor.

OVERVIEW

Commercial Brick building ideal for Investor at approximately 7.4% CAP ($318k NOI) or User (with 6 room medical space available on the second floor for immediate occupancy, with approximately 600NSF). The building is approximately 8,000sf on 2 levels, building size 55 x 72 and Lot size 55 x 100. The Zoning is C4-2, which gives opportunity to investor to add additional 10,000sf and increase to 18,700sf (Please check and confirm with your architect). First floor: - 2 Retail stores (Office and Restaurant). Second Floor: - 3 Medical / Office spaces (which includes shared common areas, including several reception areas, waiting area, bathrooms, stairs, elevator and 3 parking spaces in the back yard). This location is just 100 feet from the #6 subway line and is situated along the high-traffic Westchester Ave, connected to Manor Ave. The center is fully ADA compliant, offering a wheelchair ramp, ADA restroom, and elevator. Please do not disturb current tenants or patients. All showings must be scheduled in advance with the listing broker. Feel free to call or text with any questions.

FOR SALE DETAILS

PRICE

$4,300,000 USD

PRICE/SF

$534 USD /SF

CAP RATE

7.4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1933

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

C4-2

APN/PARCEL ID

03742-0048

ASK ABOUT THIS PROPERTY

Aaron IvatorovAdvisors Realty Inc.More Info
212-201-1230

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Aaron IvatorovAdvisors Realty Inc.More Info
212-201-1230

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