Landair Property Advisors has been hired to sell the medical office building
located at 1150 Webster Avenue, Bronx, NY 10456. The property is a 32,340
square foot two-story building situated on a 16,341 square foot lot. Currently,
the building is fully leased with six robust medical tenants, contributing to a
stable and high-performing investment opportunity.
Originally constructed as a parking garage, the property was converted into a
modern medical facility in 2014. This adaptive reuse allowed for the creation
of large, flexible floor plates ideal for healthcare tenants and reflects longterm institutional demand in the area. The building’s structural capacity and
layout, inherited from its former use, support heavy utility loads and high foot
traffic—key advantages for medical occupancy.
Located just .5 miles from the 167th St subway stop, 1150 Webster Avenue
benefits from high pedestrian traffic and excellent accessibility, enhancing
it’s value as a retail destination. This property represents an exceptional
opportunity for investors seeking a low-maintenance, high-yield asset with
potential for future growth in a prime urban location.