3600 Jerome Avenue ASKING PRICE: $13500000 - Agorafy
3600 Jerome Avenue +50,000 SF Office Property Norwood, North Bronx
Property Description: Massey Knakal is pleased to present 3600 Jerome Avenue, a 2-story, elevatored, office building located at the north end of Jerome Avenue, fronting the MTA #4 subway line. Built full on an irregularly shaped lot, this 53,764 SF property has 2-floors of finished space currently configured as more than 100 small offices, 30 classrooms, 20 restrooms and several conference rooms and staff break-rooms. There is also a large cafeteria with ample seating and commercial grade kitchen on the second floor. The property also includes a full basement (partially finished) which houses the mechanicals, machine shop, storage and underground parking for up to 37 cars accessed via an entrance ramp on Jerome. Additional building features/specs: full “wet” sprinkler system; 2002 boiler burning #2; 1993 installed 4k gallon oil tank; 10 y/o roof; loading dock on Jerome; air conditioning distributed via 18 roof mounted units; 12’-15’ to beam ceiling heights throughout. The property has split zoning which is predominantly M1-2 allowing use groups 4 thru 14, 16 and 17. The zoning and configuration are ideal for a user such as a not-for-profit or possibly even redevelopment. Please call for more information.
For further information or inspection, please contact Exclusive Agents:
Karl Brumback Senior Vice President of Sales 212-660-7731 [email protected]
Block: Lot:
3329 85
Lot Size: Lot Sq. Ft. (NYC Oasis): Building Size: Building Sq. Ft.:
125’ x 200’ irregular 29,275 approx. 125’ x 200’ irregular 53,764 approx.
Zoning: FAR (AOR): FAR (community facility): Buildable Sq. Ft. (AOR): Buildable Sq. Ft. (comm. facil.):
M1-2/C1-3, R7-1 2.0 4.8 58,550 approx. 140,520 approx.
Assessment (14/15): Taxes (14/15)*:
$3,737,070 $385,778
Year Built:
1929
*current occupant is a not-for-profit and is exempt from taxes
ASKING PRICE: $13,500,000 Joshua Rubin Samuel Hamlin Director of Sales Associate 212-660-7752 212-660-7719 [email protected] [email protected]
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.
275 Madison Avenue • Third Floor • New York, NY 10016 • 212.696.2500 • Fax 212.696.0333 www.masseyknakal.com THE BRONX
BROOKLYN
MANHATTAN
NASSAU
QUEENS
STATEN ISLAND
WESTCHESTER
Property Description: Massey Knakal is pleased to present 3600 Jerome Avenue, a 2-story, elevatored, office building located at the north end of Jerome Avenue, fronting the MTA #4 subway line. Built full on an irregularly shaped lot, this 53,764 SF property has 2-floors of finished space currently configured as more than 100 small offices, 30 classrooms, 20 restrooms and several conference rooms and staff break-rooms. There is also a large cafeteria with ample seating and commercial grade kitchen on the second floor. The property also includes a full basement (partially finished) which houses the mechanicals, machine shop, storage and underground parking for up to 37 cars accessed via an entrance ramp on Jerome. Additional building features/specs: full “wet” sprinkler system; 2002 boiler burning #2; 1993 installed 4k gallon oil tank; 10 y/o roof; loading dock on Jerome; air conditioning distributed via 18 roof mounted units; 12’-15’ to beam ceiling heights throughout. The property has split zoning which is predominantly M1-2 allowing use groups 4 thru 14, 16 and 17. The zoning and configuration are ideal for a user such as a not-for-profit or possibly even redevelopment. Please call for more information.
For further information or inspection, please contact Exclusive Agents:
Karl Brumback Senior Vice President of Sales 212-660-7731 [email protected]
Block: Lot:
3329 85
Lot Size: Lot Sq. Ft. (NYC Oasis): Building Size: Building Sq. Ft.:
125’ x 200’ irregular 29,275 approx. 125’ x 200’ irregular 53,764 approx.
Zoning: FAR (AOR): FAR (community facility): Buildable Sq. Ft. (AOR): Buildable Sq. Ft. (comm. facil.):
M1-2/C1-3, R7-1 2.0 4.8 58,550 approx. 140,520 approx.
Assessment (14/15): Taxes (14/15)*:
$3,737,070 $385,778
Year Built:
1929
*current occupant is a not-for-profit and is exempt from taxes
ASKING PRICE: $13,500,000 Joshua Rubin Samuel Hamlin Director of Sales Associate 212-660-7752 212-660-7719 [email protected] [email protected]
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.
275 Madison Avenue • Third Floor • New York, NY 10016 • 212.696.2500 • Fax 212.696.0333 www.masseyknakal.com THE BRONX
BROOKLYN
MANHATTAN
NASSAU
QUEENS
STATEN ISLAND
WESTCHESTER
