• Broker Michael Gilbert 5168051675

1150 Webster Ave

32,000 SF 100% Leased Retail Building Bronx, NY 10456 £7,713,100 (£241.03/SF) 7.09% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • High Traffic Area
  • Built Out in 2013
  • Long Term Tenants & Leases
  • 300+ New Apartments Being Built Across the street

EXECUTIVE SUMMARY

Exclusive Broker: Gilco Realty LLC
Two Story Medical Building
6 Tenants
Renovated in 2013
NN Leases
Long Term Leases
Minimal Landlord Responsibilities
Contact Michael for More Information and Copies of the Leases

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
32,000 SF
Building Class
C
Year Built/Renovated
1929/2013
Price
£7,713,100
Price Per SF
£241.03
Net Initial Yield
7.09%
NOI
£546,884
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.79
Lot Size
0.41 AC
Zoning
M1-1 Bronx
Frontage
194 ft on Webster Ave

AMENITIES

  • 24 Hour Access
  • Bus Route
  • Security System
  • Signage
  • Signalised Intersection
  • Air Conditioning

LINKS

Walk Score®
Very Walkable (86)
Transit Score®
Rider's Paradise (99)
Bike Score®
Very Bikeable (79)

NEARBY MAJOR RETAILERS

Compare Foods
Key Food
CTown
Retro Fitness
Lucille Roberts Fitness for Women
Foodtown
Starbucks
Checkers
Blimpie America's Sub Shop
Chase Bank

PROPERTY TAXES

Parcel Number 02392-0020 Improvements Assessment £1,306,129 (2024)
Land Assessment £141,960 (2024) Total Assessment £1,448,088 (2024)

Map of 1150 Webster Ave Bronx, NY 10456

ADDITIONAL PHOTOS

View Photo IMG_4356
View Photo Plat Map

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