This 2,100 square foot, single-tenant medical office at 710 Courtlandt Avenue in the Bronx, New York is ideally suited for physicians and physical therapists. The space features a welcoming reception area with ample seating, multiple examination rooms equipped with modern medical essentials, and dedicated consultation rooms for private discussions. Advanced medical technology is integrated throughout. A significant highlight is the spacious physical therapy area, complete with specialized equipment and rehabilitation facilities designed to support therapeutic exercises and patient recovery. The property's prime Bronx location offers excellent accessibility, with ample parking and proximity to public transportation ensuring convenient access for both patients and staff. This turn-key solution provides a fully equipped, professionally designed workspace, perfect for establishing a new practice or relocating an existing one. The property offers a seamless blend of functionality and comfort, making it an attractive option for healthcare professionals seeking a well-appointed and conveniently located office space within a vibrant community. This represents a rare opportunity to acquire a ready-to-occupy medical facility in a desirable location.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$772,917
6.5%
$713,462
7%
$662,500
Comparable approach
Method
Valuation
Relative Method
$610,836
Geo Method
$610,836
Alternative Use
Use
Valuation
Residential
$884,693
Hospitality
$810,374
Educational
$674,222
Medical
$697,409
Retail
$1,048,789
Location Insight
City
Bronx
County
Bronx
State
New York
Latitude
40.8203
Longitude
-73.9175
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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