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200 W Tremont Ave - Heights Neighborhood Senior Center 39,700 SF Specialty Building Offered For Sale in Bronx, NY 10453
Investment Highlights
- Acquire the fee interest in a newly redeveloped community facility asset in the Bronx
- Generational income stream with zero management responsibilities
Executive Summary
Lee & Associates NYC is pleased to present exclusively for sale the fee position of the asset located at 200 West Tremont Avenue, Bronx, NY 10453 ("the Property"). Located on the south side of West Tremont Avenue between Montgomery Avenue and Phelan Place, the Property is a newly redeveloped Charter School and Community Facility asset spanning approximately 39,700 square feet that is on a 99-year leasehold to an experienced developer in the Charter School space. The Property represents the opportunity to acquire multi-generational stable cash flow featuring no management responsibilities with a fully leased asset as the underlying collateral.
Property Facts
| Sale Type | Investment | Lot Size | 0.27 AC |
| Sale Condition | Ground Lease (Leasehold) | Building Size | 39,700 SF |
| Property Type | Specialty | No. Stories | 6 |
| Property Subtype | School | Year Built/Renovated | 1973/2024 |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | R6 - Medium density residential district | ||
| Sale Type | Investment |
| Sale Condition | Ground Lease (Leasehold) |
| Property Type | Specialty |
| Property Subtype | School |
| Building Class | C |
| Lot Size | 0.27 AC |
| Building Size | 39,700 SF |
| No. Stories | 6 |
| Year Built/Renovated | 1973/2024 |
| Opportunity Zone |
Yes |
| Zoning | R6 - Medium density residential district |
Amenities
- Signage
- Wheelchair Accessible
- Air Conditioning
1 1
Walk Score®
Very Walkable (86)
Transit Score®
Rider's Paradise (100)
Property Taxes
| Parcel Number | 02877-0522 | Improvements Assessment | $2,300,400 |
| Land Assessment | $90,900 | Total Assessment | $2,391,300 |
Property Taxes
Parcel Number
02877-0522
Land Assessment
$90,900
Improvements Assessment
$2,300,400
Total Assessment
$2,391,300
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200 W Tremont Ave - Heights Neighborhood Senior Center
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