Bronx Industrial Property For
For Sale
Contact for pricing
1314 Cooper Ave, Bronx, NY
Prime industrial property in the Bronx with redevelopment potential.
Property Size2,000 SF
Lot Size0.06 Acres
Price / SF$475
Days on Market497
Property Features for 1314 Cooper Ave
General Information
Standard status
Active
Size
2,000 SF
Lot size
0.06 Acres
Property subtype
RETAIL
Listing Agency:
ERG
(646) 253-0930
Listed By:
Anthony Flaccomio
Source:
Moodyscre
Added: Apr 11, 2025
Changed: Jul 6
Last Checked: Aug 20 at 12:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ERG
Investment Insights
Based on property information with market context.
Located at 1314 Cooper Avenue in the Bronx, this industrial property offers significant redevelopment potential, including a possible Inclusionary Housing Component. The property is situated on a 2,483-square-foot lot at the corner of Westchester Avenue and Cooper Avenue. It currently features a single-story warehouse totaling 2,000 square feet and offers a total buildable area of 10,000 square feet. Zoned R7A with a C2-4 commercial overlay, the site is well-positioned for a range of development opportunities. The building is currently used for storage and will be delivered vacant at the time of sale, making it an ideal investment for developers and end users looking to capitalize on the area’s strong growth and zoning advantages.
Key Highlights
- Prime industrial property with significant redevelopment potential, including possible Inclusionary Housing Component.
- Total buildable area of 10,000 square feet.
- Zoned R7A with a C2‑4 commercial overlay, allowing for a range of development opportunities.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$79,891
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.41%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,597,820
$1.6M
Cap Rate 7%
$1,141,300
$1.1M
Cap Rate 9%
$887,678
$887.7K
Market Conditions
NOI Build-Up for 2,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$124.8K $62.40/SF
− Vacancy
−$10.7K −$5.34/SF
EGI
$114.1K $57.06/SF
− OpEx
−$34.2K −$17.12/SF
NOI
$79.9K $39.95/SF
Area
Bronx, NY
Vacancy
8.55%
Lease Rate
$62.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,597,820
Cap Rate 7%
$1,141,300
Cap Rate 9%
$887,678
Alternative Uses
Best Use
Warehouse
$1.39M
$1.21M – $1.62M
NOI $97,010 @ 7.0% cap · market cap 10.21%
Second Best
Industrial
$1.14M
$998.6K – $1.33M
NOI $79,891 @ 7.0% cap · market cap 8.41%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,648
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Clancy-Cullen Moving & Storage Co., Inc. — 1155 Commerce Ave, Bronx, NY 10462
- GoodFriend Self Storage Zerega Avenue — 1320 Zerega Ave, Bronx, NY 10462
- Jacob Recovery & Stor — 1436 Blondell Ave, The Bronx, NY 10461
- Prime Storage — 1260 Zerega Ave, Bronx, NY 10462
- J Sutton and Co. Moving Services LLC — 1510 Castle Hill Ave #304, Bronx, NY 10462
Frequently Asked Questions
What type of property is this?
Warehouse - Prime industrial property in the Bronx with redevelopment potential.
Where is this warehouse located?
The property is located at 1314 Cooper Ave Bronx, NY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Prime industrial property with significant redevelopment potential, including possible Inclusionary Housing Component.; Total buildable area of **10,000 square feet**.; Zoned R7A with a C2‑4 commercial overlay, allowing for a range of development opportunities.
