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1574 - 1578 Williamsbridge Rd 1578 Williamsbridge Rd 26,911 SF 92% Leased Office Building Bronx, NY 10461 $12,303,450 CAD ($457.19 CAD/SF) 6.67% Cap Rate
Investment Highlights
- Close to public transit
- Short distance to other medical/office/health care buildings
Executive Summary
Elevatored Medical Building with a Parking Lot for Sale in the Bronx.
Financial Summary (Pro Forma - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$1,177,030
|
$43.74
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$1,177,030
|
$43.74
|
| Taxes |
$218,728
|
$8.13
|
| Operating Expenses |
$101,162
|
$3.76
|
| Total Expenses |
$319,890
|
$11.89
|
| Net Operating Income |
$857,140
|
$31.85
|
Financial Summary (Pro Forma - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $1,177,030 |
| Annual Per SF | $43.74 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $1,177,030 |
| Annual Per SF | $43.74 |
| Taxes (CAD) | |
|---|---|
| Annual | $218,728 |
| Annual Per SF | $8.13 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $101,162 |
| Annual Per SF | $3.76 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $319,890 |
| Annual Per SF | $11.89 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $857,140 |
| Annual Per SF | $31.85 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
26,911 SF
Building Class
B
Year Built
1935
Price
$12,303,450 CAD
Price Per SF
$457.19 CAD
Cap Rate
6.67%
NOI
$820,230 CAD
Percent Leased
92%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
7,704 SF
Slab To Slab
8’
Building FAR
1.82
Lot Size
0.34 AC
Zoning
R4 - R4 Zoning
Parking
36 Spaces (1.56 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
2 private offices, reception area, reception desk with office, private terrace.
Medical Building very large main room, 2 exam rooms and 1 1/2 baths 900 sq ft for $3500 per month
Top Floor with Skylight, Full Kitchen and Bath in an Elevator Building.
| Space | Size | Space Use | Condition | Available |
| 3rd Fl-Ste 3B | 600 SF | Office/Retail | Full Build-Out | Now |
| 3rd Fl-Ste 3D | 900 SF | Office/Medical | Full Build-Out | Now |
| 3rd Fl-Ste 4C | 600 SF | Office/Medical | Partial Build-Out | Now |
3rd Fl-Ste 3B
| Size |
| 600 SF |
| Space Use |
| Office/Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 3D
| Size |
| 900 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 4C
| Size |
| 600 SF |
| Space Use |
| Office/Medical |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
3rd Fl-Ste 3B
| Size | 600 SF |
| Space Use | Office/Retail |
| Condition | Full Build-Out |
| Available | Now |
2 private offices, reception area, reception desk with office, private terrace.
3rd Fl-Ste 3D
| Size | 900 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
Medical Building very large main room, 2 exam rooms and 1 1/2 baths 900 sq ft for $3500 per month
3rd Fl-Ste 4C
| Size | 600 SF |
| Space Use | Office/Medical |
| Condition | Partial Build-Out |
| Available | Now |
Top Floor with Skylight, Full Kitchen and Bath in an Elevator Building.
1 1
Walk Score®
Walker's Paradise (92)
Transit Score®
Excellent Transit (85)
Property Taxes
| Parcel Numbers | Total Assessment | $2,079,283 CAD (2025) | |
| Land Assessment | $571,495 CAD (2025) | Annual Taxes | $218,728 CAD ($8.13 CAD/SF) |
| Improvements Assessment | $1,507,788 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Numbers
Land Assessment
$571,495 CAD (2025)
Improvements Assessment
$1,507,788 CAD (2025)
Total Assessment
$2,079,283 CAD (2025)
Annual Taxes
$218,728 CAD ($8.13 CAD/SF)
Tax Year
2024
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
RV Realty
1574 - 1578 Williamsbridge Rd | 1578 Williamsbridge Rd
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