Remarks

Landair Property Advisors has been hired to sell the medical office building located at 1150 Webster Avenue, Bronx, NY 10456. The property is a 32,340 square foot two-story building situated on a 16,341 square foot lot. Currently, the building is fully leased with six robust medical tenants, contributing to a stable and high-performing investment opportunity. Originally constructed as a parking garage, the property was converted into a modern medical facility in 2014. This adaptive reuse allowed for the creation of large, flexible floor plates ideal for healthcare tenants and reflects longterm institutional demand in the area. The building's structural capacity and layout, inherited from its former use, support heavy utility loads and high foot traffic-key advantages for medical occupancy. Located just .5 miles from the 167th St subway stop, 1150 Webster Avenue benefits from high pedestrian traffic and excellent accessibility, enhancing it's value as a retail destination. This property represents an exceptional opportunity for investors seeking a low-maintenance, high-yield asset with potential for future growth in a prime urban location.

Details

MLS#: 11487813
Price: $9,980,000

Style: Commercial Building
Bedrooms: 0
Baths Full: 0
Baths Half: 0
Sq Ft: 0
Year Built: 0

County: Bronx
Tax Fee: 0