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509 Willis Ave
Bronx, NY 10455 Mott Haven

$5,750,000 USD

Medical For Sale  •  13,804 SF

Property Details

  • Property Type Medical
  • Total Building Size 13,804 SF
  • Lot Size 0.05 AC
  • Building Class C
  • Year Built 1900
  • Tenancy Multiple
  • Zoning C4-4 (R7-2)
100 Transit Score
100 Walk Score

Highlights

Located along Willis Avenue, a major commercial thoroughfare in the South Bronx, the property benefits from strong foot traffic and dense population
The office-over-retail configuration reduces risk through tenant diversification and offering a balance between retail exposure and office stability
Opportunity to increase rents and overall NOI through leasing vacant space, renewing below-market tenants, and upgrading office interiors to achieve
C4-4 zoning has an R7-2 residential equivalent, presenting opportunity for future redevelopment or conversion to residential use
Positioned in an area experiencing ongoing investment and redevelopment, offering long-term appreciation and potential for repositioning
The 2 & 5 trains are just one block away, with access to Midtown Manhattan and Grand Central Terminal within 25 minutes

Public Transportation

Commuter RailDriveWalkDistance
Melrose Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North)) 5 min 17 min 0.9 mi
Harlem-125th Street Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North), Hudson Line - Metro-North Commuter Railroad Company (Metro-North), New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 5 min - 1.4 mi
AirportDriveWalkDistance
LaGuardia 16 min - 6.8 mi
John F Kennedy International 30 min - 18.0 mi
Newark Liberty International 31 min - 24.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
DJ Johnston 914-584-7422 Matthews Real Estate Investment Services
DJ Johnston 914-584-7422 Matthews Real Estate Investment Services