Press Release brought to you by Cushman & Wakefield Capital Markets Group New York

Massey Knakal Retained Exclusively To Sell Office Building In Westchester Square

02/14/2013

Massey Knakal Realty Services has been retained on an exclusive basis to sell an office building at 2614-2616 Halperin Avenue. The property is located between Williamsbridge Road and Blondell Avenue in the Westchester Square section of the Bronx. The asking price is $1,395,000.

The site consists of two two-story buildings containing a total of approximately 6,857 square feet on a 75’ x 113’ irregular lot, with on-site parking for up to ten cars.  The property was constructed in 1975 and benefits from 75 feet of frontage on Halperin Avenue, built-out office space, a full fire alarm system, centralized heat and air conditioning and individual electric and gas meters. 

The property is being marketed as part of a bankruptcy sale.  The organization would also consider structuring a sale/leaseback option with the potential purchasers.  Currently located on the cusp of three zoning districts (M1-1 / C1-2 / R6), the property has commercial as well as mixed-use development potential.

Located in the Westchester Square section of the Bronx, east of Williamsbridge Road and just south of multiple medical facilities including Albert Einstein College of Medicine, Jacobi and Montefiore Medical Centers, and Calvary Hospital, this property is ideal for an office user, investor, or converter to benefit from its proximity to major medical institutions in the immediate area.

For more information on this listing, contact Massey Knakal Chairman Bob Knakal or Director of Sales Nick Burns at 212.696.2500.

Massey Knakal specializes in the sale of investment and user properties in the New York Metropolitan area. Since 1988, our agents have closed over 4,500 transactions having a market value in excess of $17 billion.

www.masseyknakal.com

02/13/2013 - 18:28

Source

Cushman & Wakefield Capital Markets Group New York

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