West Kingsbridge Road & Jerome Avenue Bronx, NY 10468

Home/Investment Sales/Off Market Investment Sales/West Kingsbridge Road & Jerome Avenue Bronx, NY 10468

West Kingsbridge Road & Jerome Avenue Bronx, NY 10468

$12,750,000.00

  • Two contiguous retail buildings consisting of 13 commercial units.
  • This is a sale of a net lease for 50 years. There is about 45 years left on the lease with an option that can be exercised on the 35th year of the lease term for  a 30-year extension.
  • The net lease costs approximately $200,000 and approximately $60,000 for taxes.
  • None of the tenants have leases.
  • The properties are across the street from Kingsbridge Road [4] Train Station.
  • The properties are walking distance to Kingsbridge Road [B,D] Subway Station.
  • Price – $ 12,750,000

Details

  • Two contiguous retail buildings consisting of 13 commercial units.
  • This is a sale of a net lease for 50 years. There is about 45 years left on the lease with an option that can be exercised on the 35th year of the lease term for  a 30-year extension.
  • The net lease costs approximately $200,000 and approximately $60,000 for taxes.
  • None of the tenants have leases.
  • The properties are across the street from Kingsbridge Road [4] Train Station.
  • The properties are walking distance to Kingsbridge Road [B,D] Subway Station.
  • Price – $ 12,750,000

Additional Information

Asset Type

Retail

City

Bronx

Neighborhood

Fordham

Broker

Mark Akilov

Price

$12,750,000

Map

 

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Contact Info

215-15 Northern Boulevard,
3rd Floor
Bayside, NY 11361

Phone: 646.586.2091

Fax: 646.767.6790

Web: www.assetcrg.com