Heart to Heart Homecare, a leading provider of home health and personal care services, is expanding into the South Bronx. According to Commercial Observer, the company has signed a lease for a new 12,500 square foot office space at 369 148th Street. This long-term contract has a duration of ten years, underscoring the company's commitment to expanding its service offering in New York City.
As a home care service, Heart to Heart Homecare provides non-medical support for seniors and people with disabilities. The expansion into the South Bronx enables the company to strengthen its presence in an important borough and meet the growing demand for home care services. The company is already active in all five New York boroughs, offering health and social services for the elderly, disabled, and injured. In addition to New York City, Heart to Heart Homecare also maintains an office in East Orange, New Jersey.
Transaction and property details
The asking rent for the office space was $38 per square foot, according to a source close to the deal. The transaction was brokered by Nick Zweig of Locations Commercial Real Estate, who was the sole broker involved in the deal. Neither Zweig nor Heart to Heart Homecare immediately commented on Commercial Observer's enquiries.
The property in the South Bronx, 369 148th Street, is a four-storey building constructed in 1931. It is owned by Marc Fishman of Edith Court LLC and comprises a total area of 55,500 square feet, according to data from Loopnet.com. The location is already established and home to several other tenants, making the property a dynamic service hub in the community.
Other tenants in the building
- —The Bronx Legal Services
- —Nexus Medical Training Center
- —The Bronx Peer Advocacy Center
The establishment of Heart to Heart Homecare expands the range of services available at the location and strengthens its role as an important hub for social and medical care in the South Bronx. This new letting is testament to the continued appeal of office spaces in strategically important boroughs that exhibit high demand for local services.
