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    425 Devoe Ave Bronx, NY 10460

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    For Sale
    $10,750,000

    Warehouse/Industrial property with loading docks, drive-in doors, and freight elevator.

    Property size:
    89,750 SF
    Lot size:
    0.97 Acres

    Property Features for 425 Devoe Ave

    General Information

    Size
    89,750 SF
    Lot size
    0.97 Acres

    Source: Ariel Property Advisors Agent Jason M. Gold

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    90,000 SF Warehouse/Industrial Property

    This 89,750 square foot warehouse and industrial property features covered truck-level loading docks and four drive-in doors. A new 8,000 lb freight elevator and enhanced electrical service are also present. The property is zoned M1-1, Light Manufacturing District. The ground level spans 36,000 square feet, with a divisible lower level of 30,000 square feet. The second floor measures 15,750 square feet, and the divisible third floor offers 8,000 square feet. Ceiling heights vary from 10 to 20 feet throughout the building. The property benefits from an in-place ICAP for self-storage use. It is in close proximity to the 2/5 subway stations, as well as the Cross Bronx Expressway (I-95) and the Sheridan Expressway, providing easy access to Manhattan and the Tri-State area.
    Insight Report Location Intelligence

    Current Use by Public Records

    Quality Door Door Supplier

    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.

    Similar Places Nearby

    Boone Self Storage Facility, East-End Parking Corporation, Crozet Self Storage Unit, S & M Moving & Storage, Extra Space Storage

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.877343
    Latitude
    40.840213

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    FAQs

    What type of property is this?
    Warehouse - Warehouse/Industrial property with loading docks, drive-in doors, and freight elevator.
    Where is this warehouse located?
    The property is located at 425 Devoe Ave Bronx, NY.
    What is the asking price?
    The asking price for this property is $10,750,000.
    What are key features of this property?
    This property features: - 90,000 SF Warehouse/Industrial Property with flexible space configurations.; - Conveniently located near 2/5 subway stations and major expressways for easy access to Manhattan and the Tri-State area.; - Features covered truck-level loading docks and 4 drive-in doors for efficient logistics.
    (212) 544-9500
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    425 Devoe Ave Bronx, NY 10460
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    Bronx, NY 10460
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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
    425 Devoe Ave Bronx, NY 10460
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