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    415 167Th St Bronx, NY 10456

    Sponsored
    For Sale
    $7,950,000

    Prime Bronx location, 20,732 sqft warehouse, high ceilings.

    Property size:
    20,732 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional investment opportunity presents a substantial 20,732-square-foot warehouse situated on a sizable 0.42-acre lot in the heart of the Bronx, New York. Boasting a prominent corner location, the property benefits from excellent signage and high visibility due to its position at a signalized intersection. The building features impressive 20-foot ceilings, providing ample vertical space for various uses. Three strategically placed curb cuts, along with 32 on-site parking spaces, ensure convenient access and ample parking for employees and customers. The property is zoned M1-1, offering flexibility for a range of commercial applications. Further enhancing its functionality are three roll-up doors and three-phase power. Its strategic location provides easy access to major transportation arteries, including I-95, I-278, and I-87, placing it within minutes of Yankee Stadium. The surrounding area is densely populated with established businesses, including Verizon, T-Mobile, Home Depot, Extra Space Storage, CVS, Walgreens, and many more, indicating a strong and vibrant commercial environment. The property can be delivered vacant upon request. Annual property taxes are $38,751. This property presents significant upside potential for investors, developers, and end-users seeking a prime location with substantial space and excellent accessibility. Don't miss this chance to acquire a truly exceptional commercial property in a rapidly growing area.

    Property Features for 415 167Th St

    General Information

    Property type
    Investment properties
    Square Feet
    20,732 SF
    Lot Size
    18,295 SF

    Building Details

    Year Built
    1931
    Property Profile Location Intelligence

    Current Use by Public Records

    New Family Garage Parking Garage K&B Global Wholesale ... Wholesaler

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx County
    State
    New York
    Longitude
    -73.90984
    Latitude
    40.83062

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    FAQs

    What type of property is this?
    Investment property - Prime Bronx location, 20,732 sqft warehouse, high ceilings.
    Where is this investment property located?
    The property is located at 415 167Th St Bronx, NY.
    What is the asking price?
    The asking price for this property is $7,950,000.
    (516) 783-5600
    Request Owner's contact information
    415 167Th St Bronx, NY 10456
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    Bronx, NY 10456
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    415 167Th St Bronx, NY 10456
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