Share this listing
Pre-formatted captions, a short link, and a QR code — ready to paste.
Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…
840 Westchester Avenue
Bronx, NY 10459
Asking Price
$20.00M
Cap Rate
9.3%
Asset Type
Grocery Store Retail
Class
Class B
What's Special
$1.87M NOI | 83,321 SF Air Rights | 74-Car Garage | 2/5 Subway Access <p>53,705 GSF mixed-use retail/office with 74-car indoor parking garage</p><p></p><p>-83,321 SF of unused air rights — buildable to 137,026 SF with CF bonus</p><p>-NOI of $1,867,853 | Gross income $2,451,941</p><p>-174 feet of prime Westchester Avenue frontage</p><p>-Tenants: Dollar Tree, Children's Health Fund, St. Dominic's Home, Empire Parking</p><p>-Below-market rents in place — strong mark-to-market upside</p><p>-Direct 2/5 subway access — steps from Westchester Ave station</p><p>-Fee simpl
Free Valuation Calculator
No login requiredRun the numbers on this deal. All calculations are estimates — verify with your lender and accountant.
NOI
$80,000
Cap Rate
0.40%
DSCR
0.07
Underwater
Cash-on-Cash
-18.46%
Monthly Payment
$98,949.088
Annual Cash Flow
$-1,107,389.051
