BRONX DEVELOPMENT OPPORTUNITY 10,920 SQUARE FEET • PELHAM BAY, BRONX, NY 3217

PROPERTY DESCRIPTION JLL, as exclusive agent, is pleased to offer for sale 3217 Westchester Avenue. The subject property is a corner retail building in the Pelham Bay neighborhood of , it is currently NNN leased to Chase Bank. The lease runs through April of 2024 with a 5 year renewal option. Chase currently pays $260,000/year, and the rent will increase to $272,250/ year in 2021. The building measures a total of 6,100 SF, and the property is outfitted with a drive through for more convenient service. Public transit is available just 3 blocks away at the Station, which services the MTA train. Please call for more information.

BUILDING INFORMATION

ADDRESS 3217 Westchester Avenue WESTCHESTER AVENUEBLOCK Bronx, NY 10461 4245 BLOCK/LOT: 4245 / 16 CONTINENTAL AVENUE LOT 16 LOT DIMENSIONS: 74.33' x 103.08' LOT SQUARE FOOTAGE: 10,920 ZONING: R7-1, C2-4

BUILDING CLASS: (K7) STORIES: 1 COMMERCIAL UNITS: 1 WILKINSON AVENUE BUILDING DIMENSIONS: 50’ x 140’ BUILDING SQUARE FOOTAGE: 6,100

YEAR BUILT: 1949 194TH STREET EAST SCHOOL DISTRICT: 8

Note: All square footages and measurements are approximate.

ASKING PRICE: $5,700,000 HOBART AVENUE For more information or inspection, please contact Exclusive Agents:

GUTHRIE GARVIN KARL BRUMBACK ALEXANDER BALL JACK NORTON SOLOMON MICHAILOW Managing Director Managing Director Associate Associate Associate +1 212 377 2133 +1 212 812 6490 +1 212 377 2518 +1 212 376 1201 +1 212 271 6395 [email protected] [email protected] [email protected] [email protected] [email protected]

DISCLAIMER Although information has been obtained from sources deemed reliable, neither Owner nor JLL makes any guarantees, warranties or representations, express or implied, as to the completeness or accuracy as to the information contained herein. Any projections, opinions, assumptions or estimates used are for example only. There may be differences between projected and actual results, and those differences may be material. The Property may be withdrawn without notice. Neither Owner nor JLL accepts any liability for any loss or damage suffered by any party resulting from reliance on this information. If the recipient of this information has signed a confidentiality agreement regarding this matter, this information is subject to the terms of that agreement. ©2019. Jones Lang LaSalle IP, Inc. All rights reserved 3217 Westchester Avenue BRONX DEVELOPMENT OPPORTUNITY

3217 WESTCHESTER AVE

ASKING PRICE: $5,700,000

For more information or inspection, please contact Exclusive Agents:

GUTHRIE GARVIN KARL BRUMBACK ALEXANDER BALL JACK NORTON SOLOMON MICHAILOW Managing Director Managing Director Associate Associate Associate +1 212 377 2133 +1 212 812 6490 +1 212 377 2518 +1 212 376 1201 +1 212 271 6395 [email protected] [email protected] [email protected] [email protected] [email protected]

DISCLAIMER Although information has been obtained from sources deemed reliable, neither Owner nor JLL makes any guarantees, warranties or representations, express or implied, as to the completeness or accuracy as to the information contained herein. Any projections, opinions, assumptions or estimates used are for example only. There may be differences between projected and actual results, and those differences may be material. The Property may be withdrawn without notice. Neither Owner nor JLL accepts any liability for any loss or damage suffered by any party resulting from reliance on this information. If the recipient of this information has signed a confidentiality agreement regarding this matter, this information is subject to the terms of that agreement. ©2019. Jones Lang LaSalle IP, Inc. All rights reserved