370 149Th StBronx, NY 10455

Property Details for 370 149Th St

Year built

1931

Lot size

0.10 AC

Property size (Sq ft)

16,372 SF

Zone code

C4-4

Property type

Office buildings

APN

02327-0052

APU

23270052

Description

This exceptional commercial property, located at 370 East 149th Street in the vibrant South Bronx submarket, offers multiple traditional office spaces available for lease. The building boasts recently renovated interiors, providing a modern and efficient workspace for businesses of all sizes. The property is classified as Class C and features a multi-tenant occupancy. Its strategic location in "The Hub" offers unparalleled convenience. Situated near the Grand Concourse and the Bronx Courthouse, this location ensures easy access to public transportation and essential legal services. Furthermore, the property benefits from its proximity to a wide array of quick-service restaurants (QSRs) and numerous local and national retailers, providing employees with ample dining and shopping options. The address is 370 E 149th St, Bronx, NY 10455. This is an excellent opportunity to secure high-quality office space in a thriving and easily accessible area of the Bronx. The building's modern amenities and convenient location make it an ideal choice for businesses seeking a productive and well-situated workspace. Interested parties should inquire for further details regarding available suite sizes and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $2,706,781

  6.5%

  $2,498,567

  7%

  $2,320,098

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,139,166

  Geo Method

  $2,139,166

• Alternative Use

  Use

  Valuation

  Residential

  $3,098,223

  Hospitality

  $2,837,956

  Educational

  $2,361,146

  Medical

  $2,442,349

  Retail

  $3,672,893

Location Insight

City

Bronx

County

Bronx

State

New York

Latitude

40.8161

Longitude

-73.9188

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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