2021 Arthur AveBronx, NY 10457

Property Details for 2021 Arthur Ave

Year built

2020

Lot size

0.08 AC

Property size (Sq ft)

14,280 SF

Zone code

R7-1

Property type

Apartment buildings

APN

03068-0030

APU

30680030

Description

This exceptional executive office space, located at 2021 Arthur Avenue in the Bronx, New York, offers 1,200 square feet of immediately available space within a larger 14,280 square foot building. The property is zoned R7-1 and sits on a 3,632 square foot lot. Ideal for a variety of businesses, this multiple-tenancy building provides a professional and convenient work environment. The available space is perfect for a growing company seeking a well-located office in the Bronx. The address is easily accessible, offering convenient transportation links for employees and clients. This is a fantastic opportunity to secure a high-quality office space in a thriving area of the Bronx. The building's total square footage is 14,280 square feet, indicating a substantial and well-maintained property. The location in Bronx County, New York, with a zip code of 10457, offers a strategic advantage for businesses seeking a presence in this dynamic borough. This listing presents a rare chance to lease a move-in ready executive office space, perfectly suited for immediate occupancy. The 1,200 square feet provides ample room for a team and its operational needs. Don't miss this opportunity to establish your business in this desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,927,529

  6.5%

  $2,702,334

  7%

  $2,509,311

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,892,028

  Geo Method

  $2,892,028

• Alternative Use

  Use

  Valuation

  Residential

  $2,702,334

  Hospitality

  $2,475,324

  Educational

  $2,059,440

  Medical

  $2,130,268

  Retail

  $3,203,574

Location Insight

City

Bronx

County

Bronx

State

New York

Latitude

40.8479

Longitude

-73.8927

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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