Contacts
Ariel Property Advisors
Ariel Property Advisors
Ariel Property Advisors
Property Details
- Property Type Mixed Use
- Property Size 79,752 SF
- Units 60
- Lot Size 11,631 SF
- # of Floors 10
- Year Built 2017
- Date Updated Jul 1, 2024
Please Inquire for the price.
GP Resi Interest: $1,250,000
Retail Condo Fee Simple: $7,000,000
RESIDENTIAL GP INTEREST SALE:
• Newly constructed elevator building (2017) with 100’ of frontage on Webster Avenue spanning 79,752 gross square feet
• 60-unit Affordable Condominium containing nine (9) studios, 19 one-bedrooms, 22 two-bedrooms, and nine (9) three-bedroom units
• Benefits from a 420C tax exemption expiring in 2049
• Approximately $5.12M worth of assumable financing at a 4.71% rate, expiring in 2049
• Situated in a prime Norwood location with a plethora of local and national retailers and restaurants
RETAIL CONDO FEE SIMPLE SALE:
• Newly constructed Commercial Condominium spanning 10,000 usable square feet
• Long-term medical tenant in place until 2038 with three (3), five (5) year renewal options
• Benefits from an ICAP tax abatement expiring in 2043
• Approximately $5.275M worth of assumable financing at a 5.5% rate, expiring in November of 2025
• NNN lease structure
Reach out to the broker for more info on lease terms and amenities
Attachments
Getting around
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61/100
Walk Score ®
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100/100
Transit Score ®
-
63/100
Bike Score ®
Location
- City The Bronx, NY
- Neighborhood Norwood
- Zip Code 10467
Points of Interest
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Norwood–205th Street
0.26 miles
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Williams Bridge
0.49 miles
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Bedford Park Boulevard
0.63 miles
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Bedford Park Blvd.
0.65 miles
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Bedford park Blvd.
0.67 miles
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Mosholu Parkway
0.72 miles
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Woodlawn
1.01 miles
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Fordham
1.10 miles
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Kingsbridge Road
1.20 miles
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Gun Hill Road
1.53 miles
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Gulf
0.99 miles
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Shell
1.11 miles
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Exxon
1.24 miles
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BP
1.35 miles
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Mobil
1.60 miles
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171
1.61 miles
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76
1.64 miles
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Tesla Supercharger
2.50 miles
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plugNYC
7.60 miles
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ChargePoint
7.69 miles
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Peter Jay Sharp Building
0.54 miles
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Parking Area A
0.89 miles
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Fordham Regional Parking Facility
0.97 miles
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Bronx River Parking
1.34 miles
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Jerome – 190th Street Municipal Parking Garage
1.46 miles
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Southern Boulevard Parking
1.57 miles
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Broadway Parking Garage
1.71 miles
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Asia Parking
1.78 miles
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NYPD Bronx Tow Pound
1.81 miles
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Department of Sanitation District 6 Garage
2.15 miles
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Rodeway Inn
0.21 miles
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Days Inn
0.43 miles
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El Rancho Motel
0.86 miles
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Bronx Park Motel
1.14 miles
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Crown Motor Inn
1.20 miles
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Residence Inn The Bronx
2.30 miles
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Ramada
2.34 miles
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Pelham Garden Motel
2.44 miles
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Metro Motel
2.52 miles
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Hutchinson - Whitestone Motel
2.81 miles
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Foodtown of Bainbridge
0.21 miles
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Fine Fare Supermarket
0.64 miles
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Fine Fare
0.65 miles
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Met
0.74 miles
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Food Town
0.93 miles
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Burlington
1.10 miles
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Morton Williams
1.19 miles
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Cherry Valley
1.20 miles
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Food Dynasty
1.20 miles
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Foodverse Market
1.25 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
