Self-Storage and Retail
For Sale
Contact for pricing
5770 Palisade Ave, Bronx, NY 10471
Portfolio offers 1,200+ self-storage units and 8–10 retail spaces across multiple buildings on 16.7 acres.
Property SizeContact for details
Days on Market122
Property Features for 5770 Palisade Ave
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Andrew Lichtenstein Inc
(917) 365-1800
Listed By:
Andrew Lichtenstein · License #NY 31LI0467407
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 21 at 2:11AM
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 Andrew Lichtenstein Inc
Investment Insights
Based on property information with market context.
For sale is a multi-building self-storage and retail portfolio comprising 1,200+/- self-storage units and 8–10 retail units on 16.7 acres. The storage program is reported as 85% occupied, with 23% of units described as climate controlled and 77% as regular units. Across the three storage groupings, there are 9 self-storage buildings with a mix of storage and climate control totaling 89,000+/- square feet on 8 acres (built 1995–2018), plus a second grouping that includes a single-story office and 9 self-storage and climate-controlled buildings totaling 66,000+/- square feet (built 1986–1996), and a third grouping of 6 storage buildings totaling 53,000+/- square feet on 4 acres (built 1991–1995).
A separate 14,000+/- square foot retail facility contains 8 retail spaces on 2 acres, with four retail tenant leases described as NNN. Roof resealing occurred in 2017 and parking lot/sidewalk work is noted for 2020, along with new red roofs on all 9 storage buildings in 2019 and repaints completed in 2020. The seller indicates the management will stay if the buyer requests it, and there is a pad site described as zoned for future commercial development. The property listing notes an additional residential building on-site that has not been in use since purchase and is intended for demolition by the seller.
A separate 14,000+/- square foot retail facility contains 8 retail spaces on 2 acres, with four retail tenant leases described as NNN. Roof resealing occurred in 2017 and parking lot/sidewalk work is noted for 2020, along with new red roofs on all 9 storage buildings in 2019 and repaints completed in 2020. The seller indicates the management will stay if the buyer requests it, and there is a pad site described as zoned for future commercial development. The property listing notes an additional residential building on-site that has not been in use since purchase and is intended for demolition by the seller.
Key Highlights
- Portfolio includes 1,200+ self‑storage units (85% occupied) and 8–10 retail spaces on 16.7 acres
- Self‑storage mix: 23% climate controlled and 77% regular units
- 223,194+/- total SF across storage and retail, including 9 storage buildings totaling 89,000+/- SF on 8 acres
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
750
Businesses Nearby
Explore this area
Business Placement
Demographics for 10471, NY
25,121
Population
9,453
Households
2.7
Avg Household Size
44
Median Age
58%
College-Educated
94%
High-School Grad
1.7 sq mi
ZIP Area
14,777
Density / Sq Mi
$108,738
Median Household Income
$65,261
Median Earnings
$1,729
Median Rent
$406,500
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Self storage facility - Portfolio offers 1,200+ self-storage units and 8–10 retail spaces across multiple buildings on 16.7 acres.
Where is this self storage facility located?
The property is located at 5770 Palisade Ave Bronx, NY.
What are key features of this property?
This property features: Portfolio includes 1,200+ self‑storage units (85% occupied) and 8–10 retail spaces on 16.7 acres; Self‑storage mix: 23% climate controlled and 77% regular units; 223,194+/- total SF across storage and retail, including 9 storage buildings totaling 89,000+/- SF on 8 acres
