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40-48 W Burnside Ave 5,000 - 10,000 SF of Office Space Available in Bronx, NY 10453
SUBLEASE HIGHLIGHTS
- HEAVY FOOT TRAFFIC
- DELIVERED WHITE BOX CONDITION
- NEWLY INSTALLED ELEVATOR
- SURROUNDED BY MEDICAL FACILITIES
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 2nd Floor, Ste 1 | 5,000-10,000 SF | 9’ | Aug 2030 | $33.00 /SF/YR $2.75 /SF/MO $330,000 /YR $27,500 /MO | Modified Gross |
2nd Floor, Ste 1
Second floor office space within a building situated at the corner of Grand and Burnside offering great access to public transit. Currently whiteboxed with generous column spacing, ample natural light and drop ceilings. Some slight cosmetic enhancements needed but otherwise move in ready.
- Sublease space available from current tenant
- Listed rate may not include certain utilities, building services and property expenses
- Open Floor Plan Layout
- Finished Ceilings: 9’
- Space is in Excellent Condition
- Central Air Conditioning
- Elevator Access
- Drop Ceilings
- Natural Light
- Ample natural light
- Open Floor plan with minimal columns
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 40-48 W BURNSIDE AVE, BRONX, NY 10453
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Food Dynasty Supermarket
- Supermarket
- 340
- Regional
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Food Dynasty Supermarket | Supermarket | 340 | Regional |
PROPERTY FACTS
| Total Space Available | 10,000 SF | Property Subtype | Storefront Retail/Office |
| Min. Divisible | 5,000 SF | Gross Leasable Area | 20,142 SF |
| Property Type | Retail | Year Built | 1920 |
| Total Space Available | 10,000 SF |
| Min. Divisible | 5,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 20,142 SF |
| Year Built | 1920 |
ABOUT THE PROPERTY
PRIME MEDICAL / PROFESSIONAL OFFICE SPACE AVAILABLE FOR LEASE IN THE BRONX Located at 40 West Burnside Avenue, Bronx, NY – in the heart of the Morris Heights section, offering high visibility and accessibility. ADDRESS:---- 40 West Burnside Avenue, Bronx, NY 10453 SIZE:----- 10,000 sq. ft. (2nd Floor) FRONTAGE:----- 92 ft. on West Burnside Avenue USE:----- all types of Medical & professional office Uses RENT:----- $35.00 sf PROPERTY OVERVIEW: This expansive 10,000 sq. ft. second-floor space at the southeast corner of Grand Avenue is an ideal location for medical offices. With 92 ft. of frontage on West Burnside Avenue, the space offers excellent exposure in a high-traffic area. It is situated near major medical institutions and is ideal for practices looking to serve a growing patient base in the Bronx. NEIGHBOR TENANTS: Surrounded by key healthcare providers such as Morris Heights Health Center, MidBronx Endoscopy Center, the Women’s Health Pavilion, and Montefiore Hospital. Bronx Community College is also nearby, contributing to steady foot traffic. TRANSPORTATION AND ACCESS: SUBWAY:---Near the 4 train at Burnside Ave Station, providing easy access to the rest of the Bronx and Manhattan. BUS LINES:--- Served by the Bx3, Bx36, Bx40, and Bx42 bus lines for convenient public transit options. HIGHWAYS:--- Near the Major Deegan Expressway (I-87), Cross Bronx Expressway (I-95), and the Bronx River Parkway, facilitating access to Manhattan, Queens, and New Jersey. BRIDGES & TUNNELS:--- Easy access to the George Washington Bridge and RFK (Triborough) Bridge for quick connections to outer boroughs and the tri-state area. NEIGHBORHOOD HIGHLIGHTS: Located in a thriving medical and educational hub with constant foot traffic from Bronx Community College and surrounding health centers, making it perfect for medical practices of all types. The property is situated in a densely populated area with a strong local patient base. Inquire today to schedule a viewing and secure this prime medical office space.
- Bus Line
- Metro/Subway
- Air Conditioning
NEARBY MAJOR RETAILERS
Contact the Leasing Agent
40-48 W Burnside Ave