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 Market543
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
(212) 807-6640
Listed By:
Anthony Flaccomio
(646) 253-0930
Source:
Moodyscre
Added: Apr 11, 2025
Changed: Sep 8
Last Checked: Oct 4 at 1:17PM
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 / Yr
$79,891
Cap Rate
8.41%
Suggested Prices Based on Cap Rates
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
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 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
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Current Use
Location Intelligence
Trade Area within ½ mile
4,648
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
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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
- Prime Storage — 1260 Zerega Ave, Bronx, NY 10462
- J Sutton and Co. Moving Services LLC — 1510 Castle Hill Ave #304, Bronx, NY 10462
- Jacob Recovery & Stor — 1436 Blondell Ave, The Bronx, NY 10461
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.
