710 Courtlandt AveThe Bronx, NY 10451

  • Investment properties
  • 4,675 SF

Property Details for 710 Courtlandt Ave

Year built
1925
Lot size
0.06 AC
Property size (Sq ft)
4,675 SF
Zone code
R6
Property type
Investment properties
Property subtype
Live-work space
APN
02401-0006
APU
24010006

Description

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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$16,097
$2,041
$126,712
$128,753
-
$14,000
$869,000
$883,000

FAQs

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