941-959 Westchester Avenue
Location
941-959 Westchester Avenue
Bronx, NY, 10459
Price:
$4,250,000
Description:
BLOCKFRONT OF RETAIL IN LONGWOOD SECTION OF BRONX
Single-story, 15,430 square foot retail building with 21 stores spanning an entire blockfront on Westchester Avenue between Intervale Avenue & Kelly Street (240'). Presently 67% occupied with an average rent equivalent to $28/s.f. Excellent avenue location right at Intervale Avenue (2 & 5) subway station. Tenants pay for all utilities as the stores are individually metered with Electric, Water & Sewer, and Heat. Most tenants have demolition clauses for the potential of future re-development (64,787 total buildable square feet). Pro forma Net Operating Income is $381,937.
Brokers:
Email:
Phone:
(646) 424-5334