3765 Riverdale Ave, Bronx, NY 10463

$4,500,000
Active for Sale
 
Listing ID 11877597
Property Type Commercial Building
Commercial Type OFFICE, Medical
County Bronx
Township Riverdale
Neighborhood Riverdale
Total Tax $109,000
FEMA Flood Map fema.gov/portal
Year Built 1968
   
Virtual Tour

Riverdale Medical Pavilion | Elevatored Medical Office Building

Prime Investment Opportunity!! A two-story 11,000 square foot elevator building consisting of 8 medical office suites, with 8,943 rentable square feet. The vacant 1,200 square feet can be rented or used by the owner. All units are gross leased. Possible development opportunity to build up to 33,792 square feet, with 22,000 square feet (up to ~40 apartments under City of Yes) for residential use.
Property Details
  • 11000 SF (AG)
  • 11000 SF (Total)
  • 7040 SF Lot
  • Built in 1968
  • Renovated 2001
  • 2 Stories
  • Available 7/09/2026
Unit Information

No unit information was entered.

Interior Features
  • Natural Gas Avail
  • Central A/C
Exterior Features
  • Municipal Water
  • Municipal Sewer
  • Street View
Community Details
  • Low-rise (Bldg. Style)
Commercial Info
  • Riverdale Medical Pavilion (Business Name)
  • Uses: Medical
  • 1 Passenger Elevator
  • 7.10% Cap. Rate
Income/Expenses
  • Gross Income $605,000
  • Net Income $320,256
  • Operating Exp $284,744
  • Total Exp $284,744
  • Paid by Landlord: Electric, Heat, Gas, Water, HVAC, Cleaning, Insurance, Ord. Maint., Struct. Maint.
Taxes and Fees
  • $109,000 City Tax
  • $109,000 Total Tax
  • Tax Year 2026
Listed By
ANDREW LICHTENSTEIN INC
Office: 917-365-1800
Mobile: 917-365-1800
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