558 Grand Concourse occupies the entire block between 149th & 150th Streets in the South Bronx, New York. The historic asset’s prominent location along the Grand Concourse offers excellent accessibility by car, bus and subway making it an ideal destination to expand medical services at the middle of one of NYC’s most densely populated neighborhoods. 558 Grand Concourse is conveniently located at 149th Street between major transportation routes of I-278/87 and the Major Deegan Expressway in the fast developing South Bronx neighborhood. The Property offers an unparalleled signage opportunity along Grand Concourse yielding tremendous brand recognition and its unique elevation changes offer multiple access points for pedestrians, drivers and train riders. There is a daytime population of 666,335 within a two mile radius of the Property. With expansive floor plates of up to 50,000 square feet, 19 foot ceilings, drive-in access along with a 40-car parking garage, this is a one-of-a-kind building offering within the center of a community that needs more modern medical facilities. 558 Grand Concourse has completed a $30 million capital improvement program by way of new renovations and historical preservation work to the Thomas Harlan Ellet designed, Modern Classical Structure, culminating in a TCO, making the building ready for immediate occupancy. The project involved preserving significant exterior features, improving public access to the plinth around the building’s main volume, converting the loading dock to a new commercial entry and preparing the building for a modern 21st century medical tenant. On the interior, the project included preserving the lobby and restoring the murals and other historic features and retaining an active USPS postal service location.