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.
1 W Pondfield Rd, Bronxville, NY, 10708
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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