Lee & Associates NYC is pleased to present exclusively for sale the fee position of the asset located at 200 West Tremont Avenue, Bronx, NY 10453 (“the Property”). Located on the south side of West Tremont Avenue between Montgomery Avenue and Phelan Place, the Property is a newly redeveloped Charter School and Community Facility asset spanning approximately 39,700 square feet that is on a 99-year leasehold to an experienced developer in the Charter School space. The Property represents the opportunity to acquire multi-generational stable cashflow featuring no management responsibilities with a fully leased asset as the underlying collateral.
GENERATIONAL FEE OWNERSHIP WITH LONG-TERM INCOME SECURITY
HANDS-OFF OWNERSHIP STRUCTURE
NEWLY RENOVATED, PURPOSE-BUILT COLLATERAL
ESSENTIAL-USE CHARTER SCHOOL ASSET
HIGH-QUALITY CHARTER SCHOOL SPONSOR
FULLY LEASED COMMUNITY FACILITY
INSTITUTIONAL-GRADE UNDERLYING REAL ESTATE
PRIME BRONX LOCATION
MINIMAL DOWNSIDE RISK PROFILE