Features
Location
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sq ft This is a rare opportunity to purchase a Bronxville investment property in the downtown area. This medical office building, located at 1 Stone Place, is situated in the Service District. In addition, it is located directly off of the Bronx River Parkway. It is quickly accessible to the Sprain Brook Parkway. Moreover, the building is within minutes of the Cross River Parkway, I-87, I-287 and the Hutchinson River Parkway.
The current income is generated through the in-place office tenancy. Additionally, there are other vacant opportunities that offer a leasing upside and possible owner/user investment. Further, this Bronxville investment property is a great site for residential and/or parking use. The site is adjacent to the popular Avalon Apartments and it is close to the Bronxville Metro-North train station. This site is a quick walk to all downtown amenities and exceptionally close to New York Presbyterian Lawrence Hospital.
There is an abundant amount of parking all around the building. First, there is a public parking lot across from the building on Stone Place. Secondly, there is a private parking lot on Milburn Street. Paxton and Palmer Avenues also have metered street parking.
The local Metro-North station is 1-block from the building. There is staircase/walkway at the corner of Milburn and Stone Place that leads directly to the south side of the station toward New York City. Commuters also have easy access to the north station platform. In addition, the commute to Harlem-125th Street is a short 35-minutes and only 40-minutes to Grand Central Station in Manhattan.
1 Stone Place is near all downtown businesses and restaurants in the Central Business Distric. Some include ACME, J. Pocker, Taco Project, Tredici Social, Lange’s Deli, Underhills, SouCycle, Bluemercury, Pure Barre, CVS, J. McLaughlin, Posh Beauty Boutique, and Whim to name a few. Additionally, the Service District features a variety of fast causal eateries and service locations within quick walking distance including Hickey’s Deli, Brother’s Fresh Fruits and Vegetables, Kaito Sushi, Dumpling + Noodle, Aldo’s Pizzeria, Dumpling + Noodle, Palmer Cleaners, and Elite Nails.
The property is situated right off the Bronx River Parkway. More, it is quickly accessible to the Sprain Brook Parkway. Further, the building is within minutes of the Cross River Parkway, I-87, Hutchinson River Parkway, and I-287.
For more information on this Bronxville investment property, contact Jonathan Gordon, Corporate Broker, Admiral Real Estate Services Corp.
View other Properties in Westchester County or Bronxville Village, or to view our Properties Map
President / CEO
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..