1 W Pondfield Rd, Bronxville, NY 10708

$1,995,000

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List Price
$1,995,000
Days on Market
122
MLS#
979781
Status
ACTIVE

Property Description

RARE BRONXVILLE/YONKERS MEDICAL OFFICE VALUE-ADD Exceptionally located 14-suite medical & professional office building with four street level store fronts totaling 15,878 SF in one of Westchester's most desirable submarkets. Currently 64% occupied with significant upside potential. THE OPPORTUNITY: Five vacant suites (4,910 SF) ready for lease-up. Modest CapEx for aesthetic upgrades and common area refresh will position the building to command at or above market rents in a supply-constrained submarket. LOCATION ADVANTAGE: Minutes to Bronxville Metro-North station. Healthcare adjacency to major Westchester medical infrastructure. Strong demographics and above-average household incomes drive consistent tenant demand from medical, dental, therapy, and allied health practices. Perfect for value-add investors seeking immediate income growth in a fundamentally strong Westchester location.

Additional Information

Stories
2
Total Taxes
48250
Heating
Oil
Parking
On Street
Water
Public
Sewer
Public Sewer
Taxes
$48,250

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Listing courtesy of Listing Agent: Frank Schiavone (frank.schiavone@compass.com) from Listing Office: Compass Greater NY, LLC.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.