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1732 Davidson Ave 25,800 SF Specialty Building Offered at $6,500,000 at a 6.85% Cap Rate in Bronx, NY 10453
Investment Highlights
- Long-term, stable in-place cash flow.
- Purpose-built community facility.
- Strong Bronx location with residential density.
- Credit educational tenant with NYC footprint.
- Integrated outdoor space enhancing tenant operations
- Defensive asset class with recession resilience.
Executive Summary
Lee & Associates NYC is pleased to present exclusively for sale the community facility asset located at 1732 Davidson Avenue, Bronx, NY (the “Property”). With 100 feet of frontage on Davidson Avenue, the Property is leased and occupied by Susan Wagner Day Care & Day Schools (“Tenant”). Built-to-lot, the Property features 2 stories of built space totaling approximately 21,000 square feet as well as an approximately 6,000 square foot outdoor space located on the roof (all leased to Tenant). With the current lease, the Property represents the opportunity to acquire existing cash-flow from an educational tenant with a strong network of operations across New York City.
Property Facts
| Price | $6,500,000 | Building Class | C |
| Price Per SF | $251.94 | Lot Size | 0.23 AC |
| Sale Type | Investment | Building Size | 25,800 SF |
| Cap Rate | 6.85% | No. Stories | 2 |
| Property Type | Specialty | Year Built | 1972 |
| Property Subtype | School | ||
| Zoning | R7-1 | ||
| Price | $6,500,000 |
| Price Per SF | $251.94 |
| Sale Type | Investment |
| Cap Rate | 6.85% |
| Property Type | Specialty |
| Property Subtype | School |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 25,800 SF |
| No. Stories | 2 |
| Year Built | 1972 |
| Zoning | R7-1 |
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Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 02861-0063 | Improvements Assessment | $1,138,680 |
| Land Assessment | $51,300 | Total Assessment | $1,189,980 |
Property Taxes
Parcel Number
02861-0063
Land Assessment
$51,300
Improvements Assessment
$1,138,680
Total Assessment
$1,189,980
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1732 Davidson Ave
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