1049 Washington Ave

ABOUT THE PROPERTY

This unique opportunity offers street-level and second-floor retail or office space located at 443 East 165th Street, within a newly constructed 10-story residential building in the Morrisania neighborhood of the Bronx. Slated for delivery in June 2025, this development features 14,250 square feet of flexible retail/office space on the first floor and the option to combine with an additional 14,250 square feet on the second floor via a dedicated elevator, creating a total of 28,500 square feet of contiguous space. The fully sprinklered property boasts central air and heating, and 10- to 12-foot finished ceilings. The enclosed parking garage enhances convenience, adding value to tenants and customers. 443 East 165th Street is a rare opportunity to secure flexible space in a rapidly growing market with robust consumer spending and high foot traffic. Situated just one block from Webster, Melrose, and Washington Avenues—arteries that see over 10,000 vehicles daily—this property offers excellent accessibility and visibility. The area benefits from a strong demographic profile, with over 700,000 residents within a 2-mile radius generating $4.8 billion in annual consumer spending, along with an additional daytime population of 47,000 employees within a 1-mile radius. Convenient transit access includes the Metro-North Melrose train stop, as well as the 167th Street subway station, just a 15-minute walk away. Within a mile from Yankee Stadium, Crotona Park, and Foster Park further enhance the appeal of this vibrant location. Located in the heart of the Bronx, Morrisania is a dynamic, high-traffic area with a walkability score that attracts foot traffic to nearby retailers, such as Food Bazaar, Dunkin’, and CTown grocery stores. The neighborhood offers easy access to key transit lines, including the Metro-North Railroad, the 2 and 5 subway lines, and many parks, such as Crotona Park, which features tennis courts, athletic fields, and an Olympic-size pool. Combined with its close proximity to Yankee Stadium, Morrisania offers a unique blend of residential, retail, and recreational opportunities. The retail and office space at 443 East 165th Street is ideal for retailers or businesses seeking a high-profile location with strong local demographics and exceptional amenities.