1574 - 1578 Williamsbridge Rd 1578 Williamsbridge Rd 26,911 SF 83% Leased Office Building Bronx, NY 10461 $16,614,960 CAD ($617.40 CAD/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- Close to public transit
- Short distance to other medical/office/health care buildings
EXECUTIVE SUMMARY
Elevatored Medical Building with a Parking Lot for Sale in the Bronx.
FINANCIAL SUMMARY (PRO FORMA - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$1,192,123
|
$44.30
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$1,192,123
|
$44.30
|
| Taxes |
$221,533
|
$8.23
|
| Operating Expenses |
$102,459
|
$3.81
|
| Total Expenses |
$323,992
|
$12.04
|
| Net Operating Income |
$868,132
|
$32.26
|
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
26,911 SF
Building Class
B
Year Built
1935
Price
$16,614,960 CAD
Price Per SF
$617.40 CAD
Cap Rate
5%
NOI
$830,748 CAD
Percent Leased
83%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
7,704 SF
Slab To Slab
8’
Building FAR
1.82
Lot Size
0.34 AC
Zoning
R4 - R4 Zoning
Parking
36 Spaces (1.56 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
5 Exam Rooms, 3 offices and Bathrooms
2 private offices, reception area, reception desk with office, private terrace.
Medical Building very large main room, 2 exam rooms and 1 1/2 baths 900 sq ft for $3500 per month
Top Floor with Skylight, Full Kitchen and Bath in an Elevator Building.
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 2D | 2,432 SF | Office/Medical | Full Build-Out | Now |
| 3rd Fl-Ste 3B | 600 SF | Office/Retail | Full Build-Out | Now |
| 3rd Fl-Ste 3D | 900 SF | Office/Medical | Full Build-Out | Now |
| 3rd Fl-Ste 4C | 600 SF | Office/Medical | Partial Build-Out | Now |
2nd Fl-Ste 2D
| Size |
| 2,432 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 3B
| Size |
| 600 SF |
| Space Use |
| Office/Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 3D
| Size |
| 900 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 4C
| Size |
| 600 SF |
| Space Use |
| Office/Medical |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1 of 1
Walk Score®
Walker's Paradise (91)
Transit Score®
Excellent Transit (85)
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $2,217,876 CAD | |
| Land Assessment | $595,638 CAD | Annual Taxes | $221,533 CAD ($8.23 CAD/SF) |
| Improvements Assessment | $1,622,238 CAD | Tax Year | 2024 |
