3307 Bainbridge Ave - Medical FOR SALE


Bronx, NY 10467
$1,750,000 USD
212-660-7775
3307 Bainbridge Ave, Bronx, NY for Sale
$1,750,000 USD
Medical - FOR SALE
1/3
null | 7.74% Cap Rate

3307 Bainbridge Ave
Bronx, NY 10467


OVERVIEW

Cushman & Wakefield is pleased to announce that it has been retained on an exclusive basis to arrange for the sale of 3307 Bainbridge Avenue, located in the Norwood neighborhood of the Bronx. The property sits on a lot that spans approximately 3,000 square feet, currently improved by a medical office. Furthermore, the medical office is occupied and NNN leased to Montefiore until September 2027. The Montefiore Medical system consists of 14 hospitals; a primary and specialty care network of more than 180 locations across Westchester County, the Lower Hudson Valley and The Bronx; an extended care facility; the Montefiore School of Nursing, and the Albert Einstein College of Medicine. Additionally, the property benefits from on-site parking for approximately four cars or three in the rear yard and one in the front driveway. Located on the busy corner of Bainbridge Avenue and East 208th Street, this site presents an exceptional opportunity for an investor to acquire a well located property due to its proximity to local amenities, public transportation, and major thoroughfares like the Grand Concourse. Please direct all inquiries to Cushman & Wakefield.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$394 USD /SF

CAP RATE

7.74%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,000 SF

ZONING

R5A

APN/PARCEL ID

03338-0055

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 Policy.