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135 Westchester Sq 7,700 SF 100% Leased Retail Building Bronx, NY 10461 $2,650,000 ($344.16/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Two-story, 7,700 sq ft mixed-use stucco building with three units, including the long-established National Diner on the ground floor.
- Zoned R6 with C2-4 overlay, located steps from the renovated Westchester Sq train station and near major expressways.
- Second floor features an event space and owner-occupied office, ideal for offices, studios, or residential conversion.
- Surrounded by vibrant retail, parks, and medical facilities, with strong pedestrian and vehicle traffic at the corner.
EXECUTIVE SUMMARY
135 Westchester Sq is a two story stucco mixed use building approximately 7,700 square feet. The building classification is K2 (Multi-story Retail Building). Zoning is R6 Residential with a C2-4 Commercial overlay. The building contains three units, The National Diner on the first floor, a well-established business. They have been in this location since 2013.
The second floor is currently set up as an event space that was being rented out for private parties. It would be an ideal space for professional offices , yoga or fitness studio, shared workspace, or with renovation and approvals residential space. There is a separate office space on the second floor currently owner occupied.
The property is centrally located- The Westchester Sq train station which was recently renovated/updated is steps away from the entrance. The Hutchinson River Parkway, Cross Bronx ex, and Bruckner Expressway are all within 2 miles.
Close to robust street level retail environment, parks, and medical.
Strong vehicular and pedestrian traffic on that corner.
The second floor is currently set up as an event space that was being rented out for private parties. It would be an ideal space for professional offices , yoga or fitness studio, shared workspace, or with renovation and approvals residential space. There is a separate office space on the second floor currently owner occupied.
The property is centrally located- The Westchester Sq train station which was recently renovated/updated is steps away from the entrance. The Hutchinson River Parkway, Cross Bronx ex, and Bruckner Expressway are all within 2 miles.
Close to robust street level retail environment, parks, and medical.
Strong vehicular and pedestrian traffic on that corner.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,700 SF
Building Class
C
Year Built
1905
Price
$2,650,000
Price Per SF
$344.16
Cap Rate
6%
NOI
$159,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.00
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
R6
Parking
20 Spaces (2.6 Spaces per 1,000 SF Leased)
Frontage
30’ on Westchester Sq
Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (89)
Bike Score®
Very Bikeable (87)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 03857-0080 | Improvements Assessment | $327,600 |
| Land Assessment | $65,700 | Total Assessment | $393,300 |
PROPERTY TAXES
Parcel Number
03857-0080
Land Assessment
$65,700
Improvements Assessment
$327,600
Total Assessment
$393,300
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