Contacts
Victor Sozio
Ariel Property Advisors
(215) 544-9500
Daniel Mahfar
Ariel Property Advisors
(212) 544-9500 x 99
Jason M. Gold
Ariel Property Advisors
(212) 544-9500 x 22
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 Aug 28, 2023
Investment Highlights
• 2017 newly constructed elevator building with 100’ of frontage on Webster Avenue and spans 79,752 gross square feet
• 10,000 SF commercial condominium containing 1 retail unit with a long term medical tenant
• Situated in a prime Norwood location with a plethora of local and national retail and restaurants
• Over $9,000,000 of potentially assumable financing
• Benefits from an ICAP and 420C tax abatement expiring in 2043 and 2049, respectively
• Well-maintained asset with significant value add potential. Please inquire for more details
• Residential affordable condominium with 60 units comprising of 9 studios, 19 one-bedrooms, 22 two-bedrooms, and 9 three-bedrooms
• Convenient proximity to transportation providing quick access to Manhattan and other boroughs with the Metro North (Williamsbridge Station), D train (Norwood 205th Street) & 2/5 train (Gun Hill Road) in walking distance
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Attachments
Getting around
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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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Burke Avenue
0.42 miles
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Williams Bridge
0.49 miles
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Botanical Garden
0.50 miles
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Gun Hill Road
0.58 miles
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Allerton Avenue
0.62 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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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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Shell
1.55 miles
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Mobil
1.60 miles
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171
1.61 miles
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Gulf
1.62 miles
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BP
1.63 miles
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Mobil
1.73 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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Southern Boulevard Parking
1.57 miles
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Broadway Parking Garage
1.71 miles
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Asia Parking
1.77 miles
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Department of Sanitation District 6 Garage
2.15 miles
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Edison Parkfast #136
2.85 miles
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Little Man Parking
3.51 miles
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P & P Car Parking
3.54 miles
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Rodeway Inn
0.21 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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Super 8
3.23 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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Food Dynasty
1.20 miles
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Foodverse Market
1.25 miles
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Modern Market
1.36 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.