GROUND LEASE - 1720 Eastchester Road, Bronx, NY 10461

For Sale

1720 Eastchester Road, Bronx, New York, 10461, Bronx, NY 10461

This Bronx property for sale is located at 1720 Eastchester Road, Bronx, New York, 10461. The current listed sale price for GROUND LEASE - 1720 Eastchester Road, Bronx, NY 10461 is $17,500,000.

Contacts

broker

Jonathan Squires

Cushman & Wakefield

(212) 660-7775

broker

Eric Roth

Cushman & Wakefield

(212) 660-7757

broker

Josh Neustadter

Cushman & Wakefield

(212) 660-7739

Property Details

  • Property Type Unassigned
  • Building Class K1
  • Date Updated Apr 26, 2024
OFFERING HIGHLIGHTS:

1720 Eastchester Road is currently an existing 63,000 square foot one-story building grocery store on a 139,285 square foot lot. Stop&Shop occupies the Property through July 2023 at a rent of $33.50 NNN per square foot. In addition, the Property offers 250 parking spaces on the roof and at grade level.


DEVELOPMENT OPPORTUNITY:

The Property is zoned M1-1 with a commercial FAR of 1.0 and a community facility FAR of 2.4. An Investor has the ability to capitalize on a total 334,284 buildable SF in the heart of the Bronx Medical District.


FLEXIBILTY FOR ALTERNATIVE USES:

Permitted uses include industrial, offices, medical offices, retail stores and other commercial and community facility uses. The maximum permitted floor area of 334,284 square feet could be contained within a community facility or mixed community facility and commercial building.


STRATEGIC LOCATION:

Extremely rare opportunity to acquire an underutilized, centrally located site in the Bronx situated at the confluence of Eastchester Road and Waters Place/Herb Rosenblatt Place, offering visibility on two heavily trafficked streets surrounded by Montefiore, Einstein, Jacobi and other medical institutions.


SUPERIOR ACCESSIBILITY:

NYC 6 Subway Line, LaGuardia Airport, JFK and Westchester County airport can also be easily reached via a 17, 25, or 34 minute car ride, respectively.


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Getting around

  • 88/100

    Walk Score ®

  • 85/100

    Transit Score ®

  • 83/100

    Bike Score ®

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Location

  • City Bronx, NY
  • Neighborhood Pelham Bay
  • Zip Code 10461
  • Market Bronx

Points of Interest

  • Middletown Road

    0.44 miles

  • Westchester Square–East Tremont Avenue

    0.48 miles

  • Buhre Avenue

    0.59 miles

  • Zerega Avenue

    0.73 miles

  • Pelham Bay Park

    0.90 miles

  • Castle Hill Avenue NE Corner

    0.97 miles

  • Castle Hill Avenue

    0.97 miles

  • Castle Hill Avenue SW Corner

    0.99 miles

  • Morris Park

    1.02 miles

  • Pelham Parkway

    1.03 miles

  • Citgo

    0.76 miles

  • Shell

    0.86 miles

  • Gulf

    0.89 miles

  • Sunoco

    1.18 miles

  • Mobil

    1.27 miles

  • Tesla Supercharger

    1.37 miles

  • Gulf

    1.41 miles

  • Gulf

    1.50 miles

  • Gulf

    1.53 miles

  • BP

    1.54 miles

  • Bronx River Parking

    1.58 miles

  • Asia Parking

    1.73 miles

  • Southern Boulevard Parking

    2.01 miles

  • Fordham Regional Parking Facility

    2.17 miles

  • Parking Area A

    2.19 miles

  • Department of Sanitation District 6 Garage

    2.39 miles

  • Little Man Parking

    2.98 miles

  • P & P Car Parking

    3.12 miles

  • Kelly Street Parking

    3.26 miles

  • Broadway Parking Garage

    4.11 miles

  • Residence Inn The Bronx

    0.21 miles

  • Hutchinson - Whitestone Motel

    0.43 miles

  • Pelham Garden Motel

    1.21 miles

  • Crown Motor Inn

    1.92 miles

  • Bronx Park Motel

    2.12 miles

  • Ramada

    2.36 miles

  • Rodeway Inn

    2.40 miles

  • El Rancho Motel

    2.64 miles

  • Super 8

    2.88 miles

  • Metro Motel

    3.95 miles

  • Stop & Shop

    0.02 miles

  • Dollar Tree

    0.30 miles

  • Bonavita Market

    0.35 miles

  • Pruzzo's Supermarket

    0.57 miles

  • Big Deal Food Market

    0.64 miles

  • Deli

    0.71 miles

  • Key Foods

    0.73 miles

  • A world of Spice

    1.01 miles

  • Pioneer

    1.03 miles

  • ALDI

    1.22 miles

In-Depth Research Available for this Property

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.

Contact GROUND LEASE - 1720 Eastchester Road, Bronx, NY 10461