3217 WESTCHESTER AVENUE

For Sale - Bronx - Middletown - Pelham Bay

$5,700,000

Net Operating Income: Contact Agent

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Key Details

Property Type
Commercial
Neighborhood
Middletown - Pelham Bay
Property Dimensions
50.0 x 140.0
Property Area
6,100 sq.ft.
Total Units:
1
Stories:
1
NOI
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Price
$5,700,000
Price Per Unit
$5,700,000
Cap Rate
-%

Listing Description

JLL, as exclusive agent, is pleased to offer for sale 3217 Westchester Avenue. The subject property is a corner retail building in the Pelham Bat neighborhood of the Bronx, it is currently NNN leased to Chase Bank. The lease runs through April of 2024 with a 5 year renewal option. Chase currently pays $260,000/year, and the rent will increase to $272,250/year in 2021. The building measures a total of 6,100 SF, and the property is outfitted with a drive through for more convenient service. Public transit is a available just 3 blocks away at the Pelham Bay Park Station, which services the MTA 6-Train. Contact us for more information.

Property Details

Block/Lot:
4245/16
Lot Dimensions
74.33 x 103.08
Lot Area
10,920 sq.ft
Zoning:
R7-1
FAR as Built:
0.56
Max FAR:
4.8
Alexander BallJLL
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