amit doshi shallini mehra 212 951 8401 212 951 8414 … · 2017. 5. 26. · title: 103 west 73rd...
TRANSCRIPT
FOR MORE INFORMATION PLEASE CONTACT
Amit Doshi Shallini Mehra 212 951 8401 212 951 8414 [email protected] [email protected]
EXCLUSIVE 2128 WESTCHESTER AVENUE, UNIONPORT, BRONX, NY
2-STORY COMMERCIAL | 9,600 SF | NNN LEASED | 5.7% CAP RATE
Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable, no express representation is made nor is any implied
as to the accuracy thereof and is subject to error, omissions, change of price, rental or other conditions, prior sale, rental or financing or withdrawal without notice. No warranties or representations are made as in the condition of the property of any hazards contained therein nor are any implied.
AD012617
Besen & Associates, Inc., 381 Park Avenue South, New York, NY 10016 (212) 689-8488 Tel · (212) 689-9518 Fax · www.besenassociates.com
Address: 2128 WESTCHESTER AVENUE, BRONX, NY 10462
Between Olmstead and Castle Hill Avenues
Description: Built in 1967, this 2-story mixed-use building with approx. 9,600 Sf. Property leased for 3 years period to a construction company on a NNN basis.
Neighborhood Unionport
Block/Lot 3814/22
Lot & Built Size 36’ x 154.18’ - IRR
Stories 2
Zoning R5/C2-2
FAR (built/allowed) 1.33/.125
Assessment/Taxes (2017) $798,000/$35,678
1st Mortgage: Delivered Free & Clear
Price: $ 2,100,000 ALL CASH/ $1,650,000 ALL CASH ($172/ SF)
Remarks: Walking distance to the Castle Hill Avenue Station on the [6] train. Tenant is renovating the entire property at its own cost. Tenant: The entire property is NNN leased by Tully Construction, which has traditionally worked On city projects such as Bridges & Tunnel, Sports Fields, Remediation and cleanup projects, Parks & Recreation and Roadworks. LEASE: Initial Term: Upon lease expiration, tenant has one (2) year lease renewal.
Lease Year Annual Fixed Rent Monthly Fixed Rent
1 $94,800.00 $7,900.00
2 $97,644.00 $8,137.00
3 $100,573.00 $8,381.08
4* $103,591.00 $8,632.58
5* $106,698.00 $8,891.50
*Renewal Terms
EXCLUSIVE 2128 WESTCHESTER AVENUE, UNIONPORT, BRONX, NY
2-STORY COMMERCIAL | 9,600 SF | NNN LEASED | 5.7% CAP RATE
Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable, no express representation is made nor is any implied
as to the accuracy thereof and is subject to error, omissions, change of price, rental or other conditions, prior sale, rental or financing or withdrawal without notice. No warranties or representations are made as in the condition of the property of any hazards contained therein nor are any implied.
AD012617
Besen & Associates, Inc., 381 Park Avenue South, New York, NY 10016 (212) 689-8488 Tel · (212) 689-9518 Fax · www.besenassociates.com
PROPERTY PICTURE
EXCLUSIVE 2128 WESTCHESTER AVENUE, UNIONPORT, BRONX, NY
2-STORY COMMERCIAL | 9,600 SF | NNN LEASED | 5.7% CAP RATE
Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable, no express representation is made nor is any implied
as to the accuracy thereof and is subject to error, omissions, change of price, rental or other conditions, prior sale, rental or financing or withdrawal without notice. No warranties or representations are made as in the condition of the property of any hazards contained therein nor are any implied.
AD012617
Besen & Associates, Inc., 381 Park Avenue South, New York, NY 10016 (212) 689-8488 Tel · (212) 689-9518 Fax · www.besenassociates.com
PLOT MAP
TAX MAP
EXCLUSIVE 2128 WESTCHESTER AVENUE, UNIONPORT, BRONX, NY
2-STORY COMMERCIAL | 9,600 SF | NNN LEASED | 5.7% CAP RATE
Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable, no express representation is made nor is any implied
as to the accuracy thereof and is subject to error, omissions, change of price, rental or other conditions, prior sale, rental or financing or withdrawal without notice. No warranties or representations are made as in the condition of the property of any hazards contained therein nor are any implied.
AD012617
Besen & Associates, Inc., 381 Park Avenue South, New York, NY 10016 (212) 689-8488 Tel · (212) 689-9518 Fax · www.besenassociates.com
SITE SURVEY
EXCLUSIVE 2128 WESTCHESTER AVENUE, UNIONPORT, BRONX, NY
2-STORY COMMERCIAL | 9,600 SF | NNN LEASED | 5.7% CAP RATE
Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable, no express representation is made nor is any implied
as to the accuracy thereof and is subject to error, omissions, change of price, rental or other conditions, prior sale, rental or financing or withdrawal without notice. No warranties or representations are made as in the condition of the property of any hazards contained therein nor are any implied.
AD012617
Besen & Associates, Inc., 381 Park Avenue South, New York, NY 10016 (212) 689-8488 Tel · (212) 689-9518 Fax · www.besenassociates.com
INTERIOR PHOTOS
EXCLUSIVE 2128 WESTCHESTER AVENUE, UNIONPORT, BRONX, NY
2-STORY COMMERCIAL | 9,600 SF | NNN LEASED | 5.7% CAP RATE
Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable, no express representation is made nor is any implied
as to the accuracy thereof and is subject to error, omissions, change of price, rental or other conditions, prior sale, rental or financing or withdrawal without notice. No warranties or representations are made as in the condition of the property of any hazards contained therein nor are any implied.
AD012617
Besen & Associates, Inc., 381 Park Avenue South, New York, NY 10016 (212) 689-8488 Tel · (212) 689-9518 Fax · www.besenassociates.com
ADDITIONAL PHOTOS