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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 the Bronx, it is currently NNN leased to Chase Bank. Chase has recently closed this branch but will continue to pay rent through April of 2024, providing prospective purchasers with an attractive income stream while planning the re-purposing of the property. Chase is currently paying $272,250/year. The building measures a total of 6,100 SF, and the property is outfitted with a drive through for more convenient service. The property also boasts potential for future mixed-use development. Zoned R7-1/C2-4, the lot has a maximum BSF of 37,564. Public transit is available just 3 blocks away at the Pelham Bay Park Station, which services the MTA train. Please call for more information.
- $272,250 IN ANNUAL INCOME
- ABSOLUTE NNN LEASE
- REDEVELOPMENT POTENTIAL
- CLOSE PROXIMITY TO THE MTA 6 TRAIN