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For SaleLuxury

$1,995,000

216 days on market

1 W Pondfield Rd Rd

Bronxville, NY 10708

· 8% down, 7% APR, 30yr fixed

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Listing narrative

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.

Listing agent (MLS): Frank Schiavone · Listing brokerage (MLS): Compass Greater NY, LLC

Property Details

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Price

$1,995,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Office

Home Size

Sqft n/a

Baths

Baths n/a

Year

Year n/a

Status

For Sale

Days on Market

216

· 8% down, 7% APR, 30yr fixed
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Courtesy of Compass Greater NY, LLC