1150 Webster Ave
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1150 Webster Ave
32,000 SF 100% Leased Retail Building Bronx, NY 10456 $11,000,000 ($344/SF) 6.20% Cap Rate
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
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
Data Room Click Here to Access
- Offering Memorandum
- Floor Plan
Financial Summary (Actual - 2022) 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
|
Financial Summary (Actual - 2022) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $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
$11,000,000
Price Per SF
$344
Cap Rate
6.20%
NOI
$682,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.79
Lot Size
0.41 AC
Zoning
M1-1 Bronx
Frontage
194 FT on Webster Ave
Amenities
- 24 Hour Access
- Bus Line
- Security System
- Signage
- Signalized Intersection
- Air Conditioning
Walk Score ®
Very Walkable (86)
Transit Score ®
Rider's Paradise (99)
Bike Score ®
Very Bikeable (79)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 02392-0020 | Improvements Assessment | $1,693,390 (2024) |
| Land Assessment | $184,050 (2024) | Total Assessment | $1,877,440 (2024) |
PROPERTY TAXES
Parcel Number
02392-0020
Land Assessment
$184,050 (2024)
Improvements Assessment
$1,693,390 (2024)
Total Assessment
$1,877,440 (2024)
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1150 Webster Ave
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