12 Westchester Square
Apple Bank Partial Sale-Leaseback - Bronx,NY
Marketing description
Cushman & Wakefield has been exclusively retained to market the sale-leaseback of 12 Westchester Square, a 12,700-square-foot retail property located in the Westchester Village neighborhood of the Bronx.
Currently owned and occupied by Apple Bank, the property will be delivered with a new 10-year lease with Apple Bank for approximately 3,850 square feet. This provides investors with stable income from a creditworthy tenant, while also offering future leasing flexibility across the remaining space.
The asset benefits from strong co-tenancy within one of the Bronx’s most active commercial corridors, alongside a mix of national and local retailers including Chipotle, McDonald’s, Taco Bell, Wingstop, Little Caesars, T-Mobile, and Walgreens.
These neighboring tenants drive consistent foot traffic and support a strong consumer base. 12 Westchester Square is ideally located just steps from the Westchester Square–East Tremont Avenue subway station (6 train) and is further supported by multiple bus lines, including the Bx4, Bx31, Bx8, Bx24, and Bx21, providing excellent accessibility
to the surrounding area.
All inquiries should be directed to Cushman & Wakefield.
Investment highlights
- Delivered with a brand-new 10-year leaseback to Apple Bank, ensuring stable credit-backed income.
- Positioned within Westchester Square, one of Bronx’s busiest retail corridors, surrounded by top-tier national retailers.
- Steps from the 6 subway line and several bus routes, offering seamless transit connectivity.
- Located near major educational and medical institutions, enhancing neighborhood stability and foot traffic.
- Strong consumer draw with abundant nearby dining, retail, and service offerings.
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