Contacts
Ariel Property Advisors
Ariel Property Advisors
Ariel Property Advisors
Ariel Property Advisors
Property Details
- Property Type Other
- Units 61
- Date Updated Jun 8, 2025
Reach out to the broker for more info on lease terms and amenities
Highlights
- 60-unit Affordable Condominium containing nine (9) studios, 19 one-bedrooms, 22 two-bedrooms, and nine (9) three-bedroom units
- Approximately $5.12M worth of assumable financing at a 4.71% rate, expiring in 2049
- Approximately $5.275M worth of assumable financing at a 5.5% rate, expiring in November of 2025
- Benefits from a 420C tax exemption expiring in 2049
- Benefits from an ICAP tax abatement expiring in 2043
- Long-term medical tenant in place until 2038 with three (3), five (5) year renewal options
- Newly constructed Commercial Condominium spanning 10,000 usable square feet
- Newly constructed elevator building (2017) with 100 of frontage on Webster Avenue spanning 79,752 gross square feet
- NNN lease structure
- RESIDENTIAL GP INTEREST SALE:
- Situated in a prime Norwood location with a plethora of local and national retailers and restaurants RETAIL CONDO FEE SIMPLE SALE:
Getting around
-
74/100
Walk Score ®
-
100/100
Transit Score ®
-
63/100
Bike Score ®
Location
- City New York City, NY
- Neighborhood Norwood
- Market Bronx
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
0.64 miles
-
Bedford Park Blvd.
0.65 miles
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Bedford park Blvd.
0.68 miles
-
Mosholu Parkway
0.72 miles
-
Woodlawn
1.01 miles
-
Fordham
1.11 miles
-
Kingsbridge Road
1.21 miles
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Gun Hill Road
1.53 miles
-
Gulf
1.00 miles
-
Shell
1.11 miles
-
Exxon
1.25 miles
-
BP
1.35 miles
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Mobil
1.60 miles
-
171
1.60 miles
-
76
1.64 miles
-
Tesla Supercharger
2.50 miles
-
plugNYC
7.60 miles
-
ChargePoint
7.70 miles
-
Peter Jay Sharp Building
0.55 miles
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Parking Area A
0.90 miles
-
Fordham Regional Parking Facility
0.98 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
1.58 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
2.16 miles
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Rodeway Inn
0.21 miles
-
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
1.19 miles
-
Residence Inn The Bronx
2.30 miles
-
Ramada
2.34 miles
-
Pelham Garden Motel
2.44 miles
-
Metro Motel
2.52 miles
-
Hutchinson - Whitestone Motel
2.82 miles
-
Foodtown of Bainbridge
0.21 miles
-
Fine Fare Supermarket
0.64 miles
-
Fine Fare
0.64 miles
-
Met
0.74 miles
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Food Town
0.93 miles
-
Burlington
1.10 miles
-
Morton Williams
1.19 miles
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Food Dynasty
1.20 miles
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Cherry Valley
1.20 miles
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Foodverse Market
1.24 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.
