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1150 Webster Ave
Bronx, NY 10456 Morrisania

$10,500,000 USD

Storefront Retail Office For Sale  •  32,340 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 32,340 SF
  • Lot Size 0.38 AC
  • Building Class C
  • Year Built 1929
  • Tenancy Multiple
  • Zoning M1-1
99 Transit Score
88 Walk Score

Highlights

Fully converted medical office building completed in 2018 with modern infrastructure.
Prime Bronx location, 0.5 miles from 167th Street subway station and near major thoroughfares.
Strong tenant mix of healthcare providers and pharmacy with 90% occupancy.
Long-term stability with a weighted average lease term of 9.3 years.
Attractive investment metrics: $10.5M price, 7.5% cap rate, and $325 per square foot.

Property Flyers

Amenities

  • 24 Hour Access
  • Bus Line
  • Security System
  • Signage
  • Signalized Intersection
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Melrose Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North)) 2 min 8 min 0.4 mi
Tremont Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North)) 4 min - 1.6 mi
Transit/SubwayDriveWalkDistance
Melrose Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North)) 2 min 8 min 0.4 mi
167 Street (B,D Line) (B - New York MTA Subway (The Subway), D - New York MTA Subway (The Subway)) 3 min 13 min 0.6 mi
167 Street (4 Line) (4 - New York MTA Subway (The Subway)) 3 min 16 min 0.8 mi
170 Street (B,D Line) (B - New York MTA Subway (The Subway), D - New York MTA Subway (The Subway)) 4 min 18 min 0.9 mi
161 Street-Yankee Stadium (4 - New York MTA Subway (The Subway), B - New York MTA Subway (The Subway), D - New York MTA Subway (The Subway)) 4 min 20 min 1.0 mi
AirportDriveWalkDistance
LaGuardia 19 min - 8.4 mi
John F Kennedy International 31 min - 20.1 mi
Newark Liberty International 29 min - 23.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Stephen Weber 212-366-5034 The Heller Organization
Stephen Weber 212-366-5034 The Heller Organization