Tuckahoe, NY
FOR SALE: 1 Elm Street, Parkway Plaza

FOR SALE: 1 Elm Street, Parkway Plaza, Tuckahoe, NY
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sq ft 18,267 sq ft

Parkway plaza Medical center

The Parkway Plaza Medical Center, a long-standing, three-level, Tuckahoe medical office multi-unit condominium, that is available for purchase.  The condominium is located in the building at 1 Elm Street in downtown Tuckahoe, which is part of the Eastchester/Bronxville community.  In addition, the building has three (3) stories above containing residential condominium apartments, which are not included in the sale.

Multi-Unit Condominium specifics

Over the first two levels and a basement, there is 18,267 rentable square feet of medical office space divided into ten (10) variously sized offices.  Additionally, a good percentage of the offices are currently occupied by tenants under leases. Further, the entrance to the medical offices is notably separate from the residential condominiums.

AN ada dream

The building includes numerous ADA features .  First, visitors are greeted with a covered drop-off area.  Secondly, an ADA ramp was constructed for wheelchairs and non-stair users.  More, an elevator meets guests on the first floor.  Finally, there are men’s and women’s ADA compliant bathrooms. In addition to these ADA features, stairs are located on the exterior going up to the front door as well as a staircase between first and second floor.

PROXIMITY TO AREA HOSPITALS AND leading MEDICAL GROUPS

Tuckahoe is located in the heart of lower Westchester. It is surrounded by area hospitals and large medial groups all within a few miles from the building.  To start, New York-Presbyterian Lawrence Hospital in Bronxville is a only 1-mile away.  Additionally, Montefiore Mount Vernon Hospital is 3.6 miles and Montefiore New Rochelle Hospital is 6.1 miles out.  More, St. John’s Riverside Hospital in Yonkers is only 4 miles out and its sister hospital, St. John’s Riverside Hospital in Dobbs Ferry is 6.9 miles away.  Even more, White Plains Hospital is within 7 miles and approximately a 15-minute drive  Other key medical organizations like Westmed Medical Group in Yonker’s Ridge Hill is only 2.4 miles away.  The Columbia Doctors group also has multiple locations within a few miles including offices in Bronxville, Eastchester and Scarsdale. Most importantly, the building is in great proximity to nearly all medical offices within lower Westchester county.

PARKING, Mass transit & Roadway Accessibility

The building shares a private parking lot with the residential tenants above.  This is a large lot that rarely fills up.  There is additional street parking on the adjacent streets.  Additionally, there is a bus stop at the corner of Lake Avenue and Armourvilla, which is a 2-minute walk to 1 Elm Street.  Additionally, the site is also within walking distance of the Metro-North train station.  For professionals and patients who commute between Tuckahoe and New York City, the ride is a quick 37-minutes to the Harlem-125th Street stop and 48-minutes to Grand Central station in Manhattan. Further, the building is situated right off the Bronx River Parkway.  It is a short drive to the Sprain Brook Parkway and within minutes of the Cross River Parkway, I-87, Hutchinson River Parkway, and I-287.

QUICK FACTS

  • Great for User or Value-Add Investor
  • 18,267 RSF medical & office condominium w/ multiple units
  • 1-mile to New York-Presbyterian Lawrence Hospital
  • Near White Plains Hospital, St. John’s Riverside Hospitals, Montefiore Hospitals,  Westmed Medical Group, Columbia Doctors, etc.
  • Excellent location right off Bronx River Parkway
  • Convenient on-site parking
  • ADA ramp & bathrooms in building; elevator in building
  • Walking distance to all downtown amenities &Tuckahoe Metro-North
  • Near-term upside

More information

For more information on the sale of this Tuckahoe medical office condominium, contact Jonathan Gordon, President / CEO of Admiral Real Estate Services Corp.

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Jonathan Gordon, CCIM, MSRE

Jonathan Gordon, CCIM, MSRE

President / CEO

914-779-8200 x115

As President/CEO, Jon oversees all matters relating to leasing and investment sales. He has experience in all aspects of real estate, including acquisitions & dispositions, financing, leasing, management and construction. Jon has closed over $900 million of transactions in Westchester..