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Bronx Neighborhood Location 965-987 Prospect Ave 1,400 SF of Office/Medical Space Available in Bronx, NY 10459
HIGHLIGHTS
- Nearby public transit
- Neighbors include a laundromat, deli, pizzeria, Chinese restaurant, pharmacy, cell phone, check cashing, a dental office, hair braiding and more!
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 987 | 1,400 SF | Negotiable | $47.14 /SF/YR $3.93 /SF/MO $65,996 /YR $5,500 /MO | Net |
1st Floor, Ste 987
Office/medical or retail space with 24' frontage
- Lease rate does not include certain property expenses
- Partially Built-Out as Standard Medical Space
- Fits 4 - 12 People
- 6 Private Offices
- Reception Area
- Private Restrooms
- Located in-line with other retail
- $6000 per month
- Great neighborhood location
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 BRONX NEIGHBORHOOD LOCATION
- Lucky 99
- Pay-O-Matic Check Cashing Corp
- Prospect Ave Pharmacy
- Simons Liquor Store
- Yaya Fashion
PROPERTY FACTS
| Total Space Available | 1,400 SF | Gross Leasable Area | 23,860 SF |
| Property Type | Retail | Year Built | 1976 |
| Property Subtype | Storefront |
| Total Space Available | 1,400 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 23,860 SF |
| Year Built | 1976 |
ABOUT THE PROPERTY
Great neighborhood location with a dense population. This space lends itself to Office, Medical, Restaurant and Retail.
- 24 Hour Access
- Restaurant
- Air Conditioning
NEARBY MAJOR RETAILERS
Contact the Leasing Agent
Bronx Neighborhood Location | 965-987 Prospect Ave