1341 BLONDELL AVE, Bronx, NY 10461
Industrial warehouse built for collision and repair work, with multiple bays, office space, vehicle storage, and M1 zoning.
Property Features for 1341 BLONDELL AVE
General Information
Additional Details
Building Details
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 Brix Real Estate Advisors
Investment Insights
Based on property information with market context.
Located at 1341 Blondell Ave in the Bronx, the site is suited to automotive and related service activity due to its service-bay layout and on-site parking. The property is offered for sale with the existing tenant operating in place.
For buyers, this is a practical fit for an owner-user who wants an industrial warehouse with automotive infrastructure already built into the site layout, including service bays and support space for staff and administration. It is also positioned for an investor looking at a property with an established operating use and the benefit of a long-term lease being sought by the current tenant. The property is zoned M1 for light manufacturing, which supports a range of automotive, service, and light manufacturing uses. With its combination of industrial configuration and automotive-focused improvements, the asset offers a straightforward platform for businesses in the maintenance, repair, or light industrial categories.
Key Highlights
- 6,600 SF industrial warehouse on a ~6,750 SF lot, built in 1949
- Currently operating auto body and collision repair business; multiple service bays and vehicle storage
- Includes office space plus on‑site parking
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $221.8k | $33.60 |
| − Vacancy | −$23.3k | −$3.53 |
| EGI | $198.5k | $30.07 |
| − OpEx | −$59.5k | −$9.02 |
| NOI | $138.9k | $21.05 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 10461, NY
Market
Vacancy Rate% for Industrial in Northeast region
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
- Downtown Self Storage Units — 2375 E Tremont Ave, The 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