1574 - 1578 Williamsbridge Rd 1578 Williamsbridge Rd
26,911 SF 83% Leased Office Building Bronx, NY 10461 $12,000,000 ($446/SF) 5% Cap Rate
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INVESTMENT HIGHLIGHTS
- Close to public transit
- Short distance to other medical/office/health care buildings
EXECUTIVE SUMMARY
FINANCIAL SUMMARY (PRO FORMA - 2024) |
ANNUAL | ANNUAL PER SF |
---|---|---|
Gross Rental Income |
$861,000
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$31.99
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Other Income |
-
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-
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Vacancy Loss |
-
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-
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Effective Gross Income |
$861,000
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$31.99
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Taxes |
$160,000
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$5.95
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Operating Expenses |
$74,000
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$2.75
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Total Expenses |
$234,000
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$8.70
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Net Operating Income |
$627,000
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$23.30
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PROPERTY FACTS
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 |
PROPERTY TAXES
Parcel Numbers | Total Assessment | $1,553,940 | |
Land Assessment | $417,330 | Annual Taxes | $160,000 ($5.95/SF) |
Improvements Assessment | $1,136,610 | Tax Year | 2024 |