For Sale
$13,500,000

4377 Bronx Blvd Bronx, NY 10466

High-Yield Medical Office in Bronx, NY

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional three-story medical office building, located at 4377 Bronx Blvd in the Bronx, NY (zip code 10466), presents a compelling investment opportunity. The property boasts 46,350 square feet of space situated on a 32,148 square foot, irregularly shaped lot. Currently operating as a stabilized investment, it offers a strong net operating income (NOI) of $900,577, translating to a 6.67% capitalization rate. The asking price is $13,500,000, resulting in a price per square foot of $291.26. The building is classified as Class C and is zoned M1-1, providing flexibility for various medical uses. This single-building property is an excellent addition to any portfolio seeking stable income and potential for future appreciation within the thriving Bronx medical market. The property's prime location in Bronx County offers convenient access to major transportation routes and a dense population base. Detailed financial information and further property specifics are available upon request. Serious inquiries only.

Highlights

  • $13,500,000 asking price for a stabilized medical office investment.
  • 46,350 square foot building on a 32,148 square foot lot.
  • 6.67% cap rate with a $900,577 NOI.
  • Class C, three-story building located at 4377 Bronx Blvd, Bronx, NY 10466.
  • M1-1 zoning.

Property Details for 4377 Bronx Blvd

Property type
Office properties, Medical offices
Square Feet
46,350 SF
Class
C
Buildings
1
Stories
3

Location Insight

City
Bronx
County
Bronx
State
New York
Latitude
40.8995388
Longitude
-73.8584144
4377 Bronx Blvd, Bronx, New York

FAQs

What type of property is this?
Office property - High-Yield Medical Office in Bronx, NY
Where is the office property located?
The property is located at 4377 Bronx Blvd Bronx, NY.
What is the asking price?
The asking price for this property is $13,500,000.
What are key features of this property?
This property features: $13,500,000 asking price for a stabilized medical office investment.; 46,350 square foot building on a 32,148 square foot lot.; 6.67% cap rate with a $900,577 NOI.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
4377 Bronx Blvd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message